also it was said after AGM that an Indian firm had been interested in phulbari , i spoke to Micheal tang and he said why sell it ,when it can be mined, but pre this i had no idea who the Indian firm were,
Wronecka offered transfer of state-of-the-art Polish technology for extraction of mineral resources, including coal, to Bangladesh to narrow the gap in two-way trade, which is in favour of Bangladesh due to clothing exports.
going to be fun when we land MOU also supported by locals ,not only powering up to 6k m/w, but can feed lots more power, the clock is ticking and they have little choice, VETTING ON $1.6B SOVEREIGN GUARANTEE FOR RAMPAL POWER PLANT CLEARED The Ministry of Law has cleared vetting on US$1.6 billion dollar sovereign guarantee for construction of 1320MW Rampal coal-fired power project near the Sundarbans.
The power division confirmed it to the Bangladesh-India Friendship Power Company Limited (BIFPCL) recently.
“The law ministry cleared vetting for procuring US$1.6 billion EXIM Bank loan for construction of 1320MW coal-fired power project,” said an official.
“We are hopeful of signing the credit deal next month after approval of sovereign guarantee by the finance division,” Ujjwal Kanti Bhattacharya, managing director of Bangladesh-India Friendship Power Company Limited (BIFPCL), said recently.
“We have already completed all the formalities to sign the credit deal for implementation of the Rampal power project,” State Minister for Power and Energy Nasrul Hamid said.
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