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And why wouldn’t the conversation have started toward own resources?…….Just read an article where a mad professor is ramping the idea that the new govt should start a fresh with green green green planet saving initiatives!…..so for starters bangla does not have the money to ditch the current trend of fossil fuels and its power plants and cover all its rice fields in solar panels….build dams or nuclear……if you were china/Saudi eying up bangla as a future prospective investment would you really want to go green tomorrow when those countries whole backbone is built on fossil fuel?……

In my opinion it’s ludicrous to think the govt current or future have not weighed up what infrastructure they have in place,most of it not even broke in its so new and what they need to fix their power requirements quickly and clinically……..GCM are there on speed dial to consult when the call comes…….

Tell me another way Bangla are gonna keep the lights on without getting deeper into debt?

Agree……Yunus has his ideologies but they are not applicable in this bangla situation,maybe in a few years but he won’t be around then…..question is does he want own coal implementation on his cv or will that be over to the new govt?……time is of the essence,the country is racked with debt,lots of interest to help ,china etc but that will come at a price…..but I can say that price should be a lot less than before now these pigs at the trough are out?

Http://www.uniindia.com/have-to-rid-bangladesh-of-this-mess-to-do-business-yunus/world/news/3266400.html

I suspect the BNP is more than happy with the rout of corruption currently being undertaken by Yunus……

Bangla has all the power plants but lacks the primary fuel….coal.!!…..to me it’s been so transparent for a while,the infrastructure to generate cheap electricity is there…..the issue was in my opinion there were so many ministers getting fat off the over priced imported fuel contracts when would it break?…..well is appears it’s well and truly broken now and a fresh set of eyes/ministers are looking at the problem…..

Yea yea green energy will come eventually but Bangla has terrific co2 headroom to get on track bring down wholesale electricity prices….let’s see if the interim govt sees time over money and implements own coal in this term

Trader 123455 filtered……profile created today

They are gonna throw the kitchen sink at this to get weak holders to part with stock……do your research,read the company rns,s and ignore the short term noise…..I personally think the company is now in a sweet spot…….the solar and green energy can come later but here and now Bangla needs 20yrs+ worth or reliability in energy……I can only see one project that’s ready to go amongst all the chaff…..

Had 2 multi baggers in 25yrs…..the first I sold too soon the second I hit just right but the resolve needed to hang on was phenomenal……this is going to be my third time lucky!!

Please do your own work on this and the rest should follow?

Every nation strives for energy self-dependence, regardless of the source of energy. In the case of Bangladesh, it was fortunate to have gas and coal reserves - but these are finite resources, regardless of the reserve size. Yet, we have witnessed the obtuseness of policymakers in making energy plans that was focused on making the country import-dependent while disregarding the very basics of energy-efficiency, curbing wastage and unbridled corruption that would overwhelm the state of finances within a short period of time.

https://today.thefinancialexpress.com.bd/editorial/its-time-to-form-an-energy-audit-commission-1723819507

Nasrul Hamid appears not to have been sacked (pro own coal)……Muhammad Fouzal instated as power,minerals,road and rail……I would have Nasrul Hamed as a silent advisor so as not to inflame any situation,look over the GCM latest update and one of our senior officers COO is in the capital,then there is this “it is confirmed that the Bangladesh Power and Energy Ministry has prepared a presentation promoting the immediate development of the country's domestic coal deposits (including Phulbari). It continues to be reported that Bangladesh must develop its own energy resources to off-set expensive imported energy products with their inherent supply and cost risks”

Exciting

Let’s not forget the student leaders are deep in the new interim govt ,and I suspect the new appointees have been given the nod…china written all over these appointments in my opinion……..very comfortable with progress this week…….

Https://www.dw.com/en/decoding-china-seizing-the-moment-in-bangladesh/a-69961454

“Another failure is the reluctance to use the country's own coal resources and to finalise the coal policy.”

Interview: Muhammad Fouzul Kabir Khan

'Power crisis was inevitable due to wrong policies'

An article a couple of year old by https://en.prothomalo.com/opinion/interview/zrkkanwbav

If it is a coup levered by Chinese/Saudi cash?…. you can bet the student leaders will be very very grateful going forward for their support…….

I concur…..It looks like NH assistant is thrown to the dogs but he will be invaluable to advise on getting the country powered up?……I think he was very pro own coal so the plot thickens…….can the interim govt wait for 6-12 months to encourage a new govt to dig bangla out of trouble or is it so loud and clear it has to be implemented now?……interesting times, and remember your stock is wanted…..

I suspect India is playing with the interim govt too,Hasina had some big hand shakes with the Indians and they are probably applying some leverage to hopefully get some continuity with those contracts?

Https://southasianvoices.org/pol-m-oth-r-bangladesh-protests-foreign-policy-08-14-2024/

Https://today.thefinancialexpress.com.bd/last-page/state-run-power-energy-cos-set-for-major-shakeup-1723573119

Https://thefinancialexpress.com.bd/national/calls-grow-to-review-deal-with-adani-power

Https://asia.nikkei.com/Spotlight/Asia-Insight/Bangladesh-s-Yunus-carries-hopes-of-economic-change

Police back on the streets today in Bangla after a settlement reached overnight……looks like they are all in for new uniforms as well,old uniforms thrown out with the old govt

Https://www.daily-sun.com/post/761621