April is getting closer… These can’t all be a coincidence’s27 Mar 2024 15:37
For newcomers, a few statements that are Fact,....
GCM End of Year Results, stating more than once that –
“the Company is in the very best position to engage with the new government once it is in place and fully functional within the 1st Quarter 2024. This communication is two-way and an overview of what would be expected in the Project Proposal has been shared.”
Then -
PowerChina - Phulbari Coal Mining Infrastructure Contract
“GCM has signed a contract with PowerChina International Group Limited covering mine development works of approximately US$1 billion necessary to facilitate coal extraction at the Phulbari Coal and Power Project”
“A joint proposal with development partner, PowerChina, will shortly be presented to the newly elected Bangladesh Government.”
and also from Energy Minister Nasrul Hamid ..
New open pit coal mining initiative in Bangladesh to be put to the PM in April
Ministry of Energy, Nasrul Hamid, in a BBC interview said…..
Bangladesh is preparing to extract its own coal to reduce energy crisis and import dependency in the future, where there are also plans to extract coal in the open system. The proposal of the Ministry of Energy for the high-level decision of the government will be finalized in the initial phase of coal extraction of three mines of the country.
BBC Bangla has learned from the Ministry of Energy that a proposal based on various surveys and feasibility studies conducted in the country's coal mines will be presented to the Prime Minister by April and approval will be sought.
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