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So that little shake looking for stock Wednesday has failed miserably and we could end the week up?….

I can’t emphasise enough there isn’t the stock to fill any sizeable orders and the only way that is going to happen is move it north substantially…….to keep sprinkling the bb,s with these ill informed buffoons is not only laughable and desperate it’s proven to be very ineffective!!

Onwards and upwards ladies

Was just thinking last night…..the Chinese virtually ignored Hasina on her last visit,she went with the begging bowl and left with nothing,weeks later she was out…..Yunus is on his way out,early February,Teesta project has been committed too by the cuckoo govt but not Phulbari…..but Phulbari looks like being started with the next govt??….I’m thinking if I was the Chinese developer I would not rush to release funds for Teesta till later this year so it can be confirmed Phulbari starts at the same time,China may have already got this confirmation with the next powers to be but they do need the Pb resources to keep the Teesta project on track and on cost??…..so I’m betting China will take their time to put anything out publicly and bog down the loan👍

Thanks guys…I think I can say with some certainty nearly everyone of our articles are backed up with a link to fresh original articles,they are from businesses,ministers,academics and intellects……this is what keeps this huge collective of pi stock together……from my cold dead hands will they extract it 👊

Masrur Riaz Not happy at the current cuckoo govt along with others

Policy Exchange Chairman M Mashrur Riaz said, “During the Yunus government, the 40 percent devaluation of the taka, import bans, reserve crisis and increase in policy interest rates have reduced confidence in the private sector. The government has disrupted the business environment. Businessmen are now just waiting for the elected government.”

https://en.bddigest.com/businessmen-and-economists-blame-the-yunus-governments-failure-for-the-stagnation-in-investment-in-the-country/

Although no domestic coal is being extracted, nearly 7,000 MW of coal-fired power plants are in operation. Yet, no initiative has been taken to utilize local coal instead of imports. Ahead of the election, what kind of commitments do you expect from political parties on coal?

Civil society and environmentalists have valid concerns regarding coal. Environmental considerations must be taken seriously. However, given the current state of primary energy supply, from an economic standpoint, we must use our domestic coal. If shortages of primary energy reduce exports and foreign currency reserves, the economy will not be able to cope. Therefore, we cannot afford the luxury of completely moving away from coal and coal power. Industries must run, and employment must be ensured. If coal power can help achieve that, then for the sake of the economy, it must be pursued. At the same time, local coal extraction must be ensured to reduce reliance on imports. However, environmental damage from coal extraction and coal power generation must be minimized as much as possible.

Let’s just remind people what the boss of the Dhaka securities exchange thinks of the situation 😉

Dr. Masrur Riaz

Bangladesh cannot make its power and energy sector entirely import-free. However, there are opportunities to gradually reduce import dependence by expanding exploration, extraction, and utilization of domestic gas and coal. At the same time, curbing corruption and mismanagement at every stage—from production to supply to consumption—must be given the highest priority to control subsidies and prevent further price hikes. Ensuring efficient use of electricity and energy at the consumer level is equally essential. 

https://ep-bd.com/view/details/article/MTIwMjc%3D/title?q=exploration+must+proceed+to+reduce+import+dependen

Can you see where this is heading after reading that article?…😬….domestic gas exploration to bolster the rapidly reducing existing reserves ….years away……Solar,wind projects nobody interested in investment…..oil,diesel cost prohibitive for electricity generation………coal..on the table ready to go,cheaper than any other base load generation fuel 😉

Tick tock

Bangla and the green cuckoos sure have been digging a hole 🙄

Such a position brings visibility – but also systemic risk. Unlike its larger peers, Bangladesh lacks the financial depth to absorb spot price spikes. Gas accounts for approximately 43% of power generation, meaning any supply shock threatens the country’s electricity security. Gas is sold at heavily subsidized prices, far below global market levels, leaving national energy company Petrobangla with mounting deficits – $690 million projected by the end of 2025. The Bangladesh Energy Regulatory Commission has moved to rise gas tariffs: for instance, fertilizer producers are facing proposed increases of 150%. But the squeeze will pressure the backbone of Bangladesh’s economy: textiles, agriculture, and manufacturing that generate the bulk of their export earnings. Spot-market exposure magnifies the dilemma – every global price swing reverberates through domestic industry, jeopardizing competitiveness, stoking inflation, and putting the national grid at risk.

https://oilprice.com/Energy/Natural-Gas/Bangladesh-Becomes-LNGs-Hottest-Story.html

Yea not a bad read searcher……I think we have Shamsul Alam on side with domestic resources too,he was at the coal seminar in March and he was pro coal,which amazed me as I always thought he was a tree hugger!…..sense is prevailing with a lot of these experts and articles….they are now realising the most sustainable thing Bangla can do to get the country out of a hole is dig&drill…..

All we can do is hope the next government is good to its word and keeps corruption out of the mix and also that GCM is also true to its word and respects the loyalty of its long term shareholders 👍👍

Note the comment from our old friend at the financial express bangla Mushfiqur Rahman,he wants the parties to but their energy plan’s clearly on the line…….👍

This is a big article covering the last 20yrs of the energy crisis in Bangladesh including incompetence and dithering by the interim govt…..Phulbari mentioned 👍

One of the greatest challenges for the next government will be to reduce subsidies without raising energy and electricity prices. Last fiscal year, subsidies for the power and energy sector amounted to Tk 70,000 crore, whereas the current budget allocates Tk 43,000 crore. Thus, from the very start, effective initiatives must be taken to reduce the production costs of electricity, gas, and coal. Above all, addressing these challenges requires strengthening institutions with skilled manpower, eliminating corruption, and restoring transparency at every level.

Professor Shamsul Alam has expressed hope that these preparations will be finalized through the election manifestos. He said that in discussing the necessary steps for the power and energy sector with political parties, he received no response except from the BNP.

Energy expert Mushfiqur Rahman believes that every party contesting the election should include detailed strategies and programs for the energy sector in their manifestos. That way, the government can start working immediately after formation without losing time. However, Dr. A. K. Enamul Haque, Director General of BIDS, disagrees. According to him, parties should indeed have plans, but making public pledges is unnecessary, since that could trigger a competition among parties over who promises more.

Regardless of what the election manifestos promise, any party hoping to form the next government must begin preparing now to address the power and energy crisis. Without decisive action from day one, the situation will only worsen, undermining job creation, export growth, and overall economic momentum. For Bangladesh, there is simply no alternative: the country must take immediate steps to stabilize the power and energy sector, reduce its reliance on imports, and curb subsidies without pushing prices higher. If these measures are delayed, the consequences will be severe—production will slow, new investments will dry up, and the economy will struggle to move forward.

Afroza Akther Pervin, Managing Editor, Energy & Power, Editor, Rang Berang

 

https://ep-bd.com/view/details/article/MTE5ODk%3D/title?q=crisis+beyond+the+ballot

I’m off out for a bit searcher…..if you get time have a look at the other e&p articles from sept to see if there’s anything with domestic coal👍👍

Dr. Masrur Riaz

Bangladesh cannot make its power and energy sector entirely import-free. However, there are opportunities to gradually reduce import dependence by expanding exploration, extraction, and utilization of domestic gas and coal. At the same time, curbing corruption and mismanagement at every stage—from production to supply to consumption—must be given the highest priority to control subsidies and prevent further price hikes. Ensuring efficient use of electricity and energy at the consumer level is equally essential.

https://ep-bd.com/view/details/article/MTIwMjc%3D/title?q=exploration+must+proceed+to+reduce+import+dependen

Bangladesh has no pressing need to pursue extraordinary measures in energy transition, given its negligible contribution to global carbon emissions. Natural gas and coal can remain central to energy generation well beyond 2060. The new government must therefore set out a clear vision for coal resource development and accelerate petroleum exploration, both onshore and offshore.

At the same time, it should establish a “champion organization” dedicated to planning and implementing the country’s energy transition while exploiting all renewable energy options. Within its first six months, the new administration must thoroughly review the coal mine schemes of work and make decisions on domestic mining. Offshore and onshore bidding rounds should be relaunched to ensure primary fuel security by 2030.

https://ep-bd.com/view/details/article/MTE5OTA%3D/title?q=looming+energy+sector+challenges+ahead+of+banglade

Great summary……the company and its loyal long term shareholders have come a long way to get to this very exciting period in the company’s development

For all the claptrap that is spouted by the naysayers not one of them has assessed the monter economic investment of $15bln to domestic resources development??……that investment is so big how can a country that is smack up to its ceiling in debt swerve it to save a few wildcats and lagoons!!

That potential injection I suspect is from a Chinese conglomerate,it’s bigger than the Russian Rooppur nuclear project and I would say the biggest private potential investment ever into bangla!!…..

It was no coincidence it was tabled at the big coal seminar in March……it’s coming like a train ladies and gentlemen

Market cap still well in the territory micro cap funds will take a look…..Sven Lorenz saw the potential years ago,apparently he dropped out during the late Hasina era but he was back early this year after the domestic coal seminar…..he’s well connected and that same story is now available for fund’s bookings growth stock?…..the fundamentals have improved since March too….

Morning go…..there is absolutely no sizeable amounts of stock available imho…look at them playing with the spread!!……we are nearly another week closer to that energy master plan and potentially there will be a draught of that policy floating around the Bangla ministries that are leaky as old buckets

Anonymous idiots on bulletin boards are doubling up to tell us Phulbari won’t happen,renewable is the future …..yet we have govt ministers telling us the opposite 😂😂…..yea I will believe the muppets on the boards!!

1.4p to 8p since March I would say that’s pretty much confirmation this is on track to be a very good ride

And well spotted from the senior energy officials quote!!……more coal plants…😂….didn’t see that coming,I have been doubting this last year whether the phulbari mine mouth plants would be built but after that quote,so we not only have the energy minister Fouzel confirming domestic coal extraction will be included in the new policy but one of his officials confirming new coal plants!!…….they will then proceed to flatten the old,inefficient pop up plants that are thriving on subsidy and save many millions 👍👍

Win win