TDS Desk:

According to the notice, as of 30 June, PowerPac Mutiara Jamalpur Power Plant owes Janata Bank a total Tk842.82 crore, including interest and associated costs. To recover the amount, the bank is invoking section 12(3) of the Money Loan Court Act, 2003, and inviting tenders from potential buyers interested in the auctioned property.

Interested bidders must submit sealed tenders on plain paper to the tender box at Janata Bank PLC’s corporate branch at Janata Bhaban, 110 Motijheel, Dhaka, or the Engineering Department of the head office by 3pm on 29 January.

Following the submission deadline, the tenders will be opened in the presence of interested parties. Prospective bidders can arrange to inspect the listed property, including land, infrastructure, and inventory, through the bank prior to the auction.