The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Perhaps they are reducing capacity charges but also supporting their pals in preference. BPDP can suspend a power purchase agreement (PPA) if they wish and thereby solve overcapacity! Not so weird when looked at through the desperate eyes of a struggling ability to pay ones bills or to keep the gravy train rolling elsewhere.
I hope OPM helps in this sort of scenario, especially as being a core element of power supply.
Phulbari can be given the go ahead while Fx problems will have to be managed with Chinese loans. There is no point in delaying approval as that delays the only solution acceptable to the Chinese for a return on investment.
July visit to China by Hasina is too long to wait when crisis is now and PC want the conditional answer to set the ball rolling. Proper planning can be done then by private enterprise.
Hasina and Nasrul need to start pulling the strings necessary for the future to survive and get Parliament voting things through as required. Let the vote decide not the pressure groups/media.
Https://rumble.com/v4u8cxc-robert-bryce-how-the-green-promise-is-making-the-west-poorer.html
He wants a smart grid " determination and loyalty to the people to realise the vision of a 'Smart Bangladesh " He should be using enforcement at some stage. It is indicative of smart metering as a driver that all electricity suppliers to end user in the UK need to promote solar panels as part of their offering or lose customers to those who do. Smart meters help collect data which should identify rogue operators.
Attribution for GP's post https://www.gcmplc.com/phulbari-coal-project/benefits/economic-contribution . I emphasize this after referring to my favourite profile for Professional who seems to think by implication that OPM is going to cost Bangladesh. It is a capitalist enterprise for the benefit of Bengalis with the money for development raised by GCM, for his information.
I don't think they can. OPM is going to happen so the worse that can take place is a placing conditional on delisting as per POLO but that would not be in Tang's interests or in the interest of getting approval.
GCM deserve a lot of backing for the diligent and persistent work they have done against the headwind but the wind is on the tail now.
The Government needs to be quicker in approving OPM at Phulbari in order to actually have a policy. The news every day will be full of this that and the other because the country has no policy initiatives that are delivering.
What’s Going on in India?
India’s multi-year bull market has led to several records being shattered in 2023. For example, the country’s total stock market market capitalization surpassed $4 trillion for the first time, while India-focused ETFs pulled in net inflows of $8.6 billion over the year.
A primary driver of this growth is the country’s fast-rising middle class. According to a report by Morgan Stanley, this “once-in-a-generation shift” will result in India having the third largest stock market globally by 2030, presumably behind the U.S. and China.
https://www.visualcapitalist.com/growth-of-a-1000-equity-investment-by-country-stock-market/
https://www.gcmplc.com/phulbari-coal-project/project-advisors
centre for environmental and geographic information services (cegis) for various gis applications;
ac nielsen bangladesh pty ltd (ac nielsen) for market studies;
ame consulting pty ltd for market analysis;
nature conservation management (nacom) for biodiversity studies;
institute of water modelling (iwm) for water modelling and river systems studies;
iucn the world conservation union (iucn) for legal review environmental studies;
bangladesh atomic energy commission, for geophysical logging and air quality testing;
falgu sandhani for drilling support and advice;
bangladesh university of engineering and technology for water testing;
bangladesh centre for advanced studies for resettlement studies;
professor matin of the geology department of dhaka university for studying the potential for ****nic in water;
professor m m hoque of archaeology department, jahangirnagar university for archaeological studies.
Will the transportation of coal affect the Sundarbans World Heritage Area?
The Project is located about 450 kilometres to the north of the Sundarbans Reserve Forest and so will have no direct impact on the Sundarbans World Heritage Area. The Project's supply chain and potential export of some of the coal will involve shipping and barging through established shipping routes that are outside the World Heritage area. The waterways of the Sundarbans have been important trade routes for many centuries and Mongla Port, located on the Pussur River 48 km south of the river port town of Khulna, is Bangladesh's second largest seaport. Dredging is already routinely carried out to keep Bangladesh's waterways open and also reduce the impacts of flooding. To support this requirement the Government of Bangladesh announced on the 9th March 2011 that it had established collaborative arrangements with the Dutch Government for protecting rivers and developing its waterways.
The Project's Feasibility Study included extensive studies into the navigability of the Mongla Port Authority's waterways and determined the dredging and shipping aid improvements required to achieve international shipping standards. It also incorporated an independent risk assessment of the entire transport route from Phulbari to the Bay of Bengal and concluded that the Project's transport plans will result in improved rail and maritime safety and so establish standards that will better protect the country's national heritage assets.
https://www.gcmplc.com/phulbari-coal-project/project-faq
GCM aims to maximise the benefits of the Project for both the company’s shareholders and Government and people of Bangladesh, while at the same time minimising any environmental and social impact
https://www.gcmplc.com/phulbari-coal-project/overview