The Cox's Bazar Wind Power Project, the first centralized wind power project in Bangladesh, was inaugurated on October 12, 2023. It was invested and developed by Wuling Power Corp., a subsidiary of China's State Power Investment Corp. (SPIC). A ceremony marking the successful operation of the project was held in Beijing and Dhaka, the capital of Bangladesh, simultaneously via video link.

Qian Zhimin, chairman of SPIC, attended the ceremony in Beijing, while Yao Wen, Chinese ambassador to Bangladesh, and Mohammad Hussain, director of the Power Division under Bangladesh’s Ministry of Power, Energy and Mineral Resources, attended and addressed the ceremony in Dhaka. Mohammad Jashim Uddin, Bangladeshi ambassador to China, and Chen Haibin, SPIC deputy general manager, were present and delivered a speech respectively in Beijing. Habibur Rahman, senior secretary of Power Division under Bangladesh’s Ministry of Power, Energy and Mineral Resources, announced the launching of the project.

Located in Cox's Bazar, a city in southeastern Bangladesh, the project started construction in September 2021, with a designed installed capacity of 66 MW and a total of 22 wind turbines. Upon operation, the project will provide Bangladesh with about 145 million kWh of clean electricity per year, reduce coal consumption by 44,600 tons and carbon dioxide emissions by 109,200 tons, as well as meet the electricity demand of 100,000 households. It provided more than 1,500 jobs for local workers during its construction process, and will be operated primarily by local employees. Constructed by China and Bangladesh under the Belt and Road Initiative (BRI), this project is the first centralized wind power project in Bangladesh which will play an important role in increasing the proportion of renewable energy, promoting new energy consumption, and saving energy and cutting emissions. It is hailed by the local mainstream media as a "model of China-Bangladesh energy cooperation".

SPIC has been actively implementing BRI in recent years. It takes clean energy investment and technical cooperation as a pivot for helping the countries involved in BRI realize low-carbon energy transition. Up to now, SPIC has an overseas installed capacity of 9 million kilowatts. Its business has covered 47 countries and regions including Kazakhstan, Pakistan, Saudi Arabia, Türkiye, Brazil, and Australia, among which 38 are BRI partner countries.

A number of Chinese national-level media, such as CCTV, People's Daily, Xinhua News Agency, China Global Television Network (CGTN), Guangming.com, China Daily, and China News Network, have provided coverage of the ceremony and the launching of the project. CCTV news channel focused on the Wuling-invested Cox's Bazar wind power project from three perspectives – Bangladesh's first centralized wind power put into operation; Chinese solution to the problems in project construction; and, talent training helps boost sustainable development of wind power in Bangladesh.

Officials from the Power Development Board and the Sustainable and Renewable Energy Development Agency of Bangladesh, the Bangladeshi Embassy in China and the Chinese Embassy in Bangladesh, and the International Cooperation Bureau of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, attended the opening ceremony.

SPIC leaders including Lin Mingzhao, director of the Publicity Department; Liu Yang, deputy director of the International Department; and Yi Tingrui, deputy director of the News Center; and, Wuling Power managers including Chairman Xia Gang, General Manager Liu Xingyi, and Deputy General Managers Xu Shuquan, and Pei Wenlin, attended the ceremony in Beijing and Dhaka respectively.