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F1 in progress, Italian GP

Max Verstappen has admitted that it is “something incredible” to draw level with Ayrton Senna on F1's all-time victory list – his triumph in Sunday's Canadian Grand Prix meaning the pair both have 41 wins to their names.

You are GoB and need OPM. How do you get it started? There are not that many options. As seen in the this searcher link https://thefinancialexpress.com.bd/editorial/preparing-participatory-master-plans-for-districts the GoB as with most governments, need proactive companies and how can anyone do Phulbari except for GCM who are so embedded without looking like chancers? Just shoehorn some local talent onto the board and job done.

That is not their MO though GP, they prefer to be paid and keep out of the politics which would see GCM responsible for raising via a farm out with GCM dealing with all the elements ie managing.

.........;

https://en.powerchina.cn/2023-05/16/c_828584.htm

https://en.powerchina.cn/2022-10/10/c_818336_2.htm

https://en.powerchina.cn/organization.html

https://en.sepco.net.cn/

Perhaps small change from our PM's wife, she wouldn't miss it.

Away from cyberspace, the best coal in Bangladesh is at Phulbari and available via open pit mining which is urgently required to reduce cost of electricity and debt and power business. GoB have not got a timescale but maybe PC do and seem to be moving the project forward while the media/campaigners provide the tailwind.

I think logistics are holding things up. A lot of news on transport and PC here today and transport is mentioned on GCM website as a benefit. I would have thought the GL would allow residential proposals to be actioned for providing a clear site to work at. The river narrowing etc. I don't like much as I have an environment protection leaning. I prefer a railway, that might not be feasible though. I can appreciate how PC might be setting the agenda just to make OPM a feasible proposition for them considering that they are the golden goose.

Henry8th; your point re coal being nil cost to Bunglas has to be right if the project is to have maximum and necessary saving impact to them and the sooner the GL is given the sooner their problems are sorted.

The noose is tightening Searcher aided by your links. The scales are falling off the collective Bengali eyes and PC are the only solution to there quandary. The Japanese know it and enquire about JICA as Japan/China relations a bit dicey. I am hoping Hasina sees the virtue of keeping Tang and GCM as an intermediary between themselves and China for the elimination of arm twisting/backhanders etc despite UK being in the same category geopolitically as Japan.

Uncanny how this fits with preparation for the GL.

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.

Yes

Waiting for sellers but more buys/news would send it up.

Mine still not reported so must be right.

My buy not reported yet

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.

Can....lose a lot of money

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.