Business Standard

Bangladesh govt scraps plans for 10 coal plants, pursues green options

Bangladesh had approved the construction of 18 coal power plants since 2008.

An increase in pay will put more strain on Coal India’s balance sheet. Employee salaries accounted for more than half of the company’s expenses in the nine months ended December.
Premium

Bloomberg
The Bangladesh government has scrapped plans to build 10 coal power plants as it investigates alternative energy sources, including liquefied natural gas.
 
Among the major projects cancelled by the government is a 1,320-megawatt coal-based power plant on the Moheshkhali Island in southeastern Bangladesh, according to State Minister for Power and Energy Nasrul Hamid.
 
Bangladesh had approved the construction of 18 coal power plants since 2008.
 
“It’s now essential for us to generate electricity through more environment-friendly sources,” Hamid said at a media briefing in Dhaka on Sunday, referring to Bangladesh’s role in combating climate change.
 
Bangladesh

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in