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“State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that one of the biggest challenges of the government will be to ensure uninterrupted and affordable electricity and fuel supply”

“It costs more to buy electricity from other energy sources than coal. As a result, it is possible to reduce costs by ensuring maximum utilization of coal-based power plants”

https://dailyindustry.news/interest-to-be-adjusted-by-increasing-electricity-price/

I wonder if the energy minister’s name is on this list ??

Although Hasina, the Awami League president, has not discussed the matter with her party colleagues, many leaders think several members of the current cabinet against whom there were allegations of corruption will be replaced by individuals with cleaner image.

Three to four important ministries might get new faces while some ministers may have to serve different ministries.

https://www.thedailystar.net/news/bangladesh/news/cabinet-construct-al-loyalists-may-be-given-priority-3515421

“ He also said that the supply of power and energy at affordable prices will be the main challenge for the new government.”

https://www.thedailystar.net/news/bangladesh/news/new-cabinet-jan-15-nasrul-3514686?amp

Achieving IMF's forex reserve target for Bangladesh not possible: Finance minister

https://www.daily-sun.com/post/729620

Power and energy plan Bangladesh

https://www.thedailystar.net/tags/power-and-energy-plan-bangladesh

Hahahaha the old article date error… mate we’ve all made that error many times over…. Just shows how bloody long we have been here 🙄

Good to see that thankfully there does not seem to of been too much violence at the elections, although turn out for voting has been very low… not surprising I guess!

One week down two to go…. Let’s hope for more positive articles in the press over the coming weeks, and then some good news from the company 🤞

"Bangladesh must explore and exploit its superior quality coal resources and set up mine-mouth High-Efficiency Low Emission (HELE) coal power plants. Bangladesh is globally considered a tier three country of small flat land and, a huge population where a lot needs to be done to facilitate greater contribution of renewables. It must exploit all its primary fuel resources to develop its economy to a level where it can absorb the price shock of expensive fuel. Fossil fuel using advanced technology and nuclear power generation must be preferred options for the medium term"

"Bangladesh cannot afford to grow as an exclusive primary fuel-importing country."

"We must make the optimum utilization of our fuel resources of fossil fuel adopting state-of-the-art modern technologies."

https://ep-bd.com/view/details/article/OTY3NA%3D%3D/title?q=ipemp+2023%3A+ambitious+and+challenging

Bangladesh's energy landscape is getting increasingly reliant on imports, raising concerns among experts who advocate for a strategic approach to utilize the nation's domestic energy sources.

At a recent TBS roundtable titled "Bangladesh's persistent energy crisis and solutions", they emphasized tapping Bangladesh's coal reserves alongside exploring oil and gas options and simultaneously expanding the footprint of renewable energy.

https://ep-bd.com/view/details/article/OTY5MQ%3D%3D/title?q=why+keep+coal+underground+while+energy+import+bill

Awami League, however, has mentioned of exploration and exploitation of domestic coal resources to protect the national interest. It stated that this would be done following the already finalized coal policy.

The election pledge mentions the exploitation of coal resources. The government scrapped 10 coal power projects in 2021 to limit utilization of coal. No real initiative was taken over the past 15 years for the utilization of coal resources. Does it mean that the Awami League government in its expected new term would go for mining coal in a mission to optimally utilize domestic primary fuel resources? The strategy needs clarification.

https://ep-bd.com/view/details/article/OTY3Mw%3D%3D/popular-article/title?q=election+manifesto%3A+al+drops+broader++coal-mining+hint

For example, Bangladesh's gross forex reserves tumbled to $21.82 billion on Sunday, which was $40.7 billion in August 2021, meaning imports will continue to be under pressure.

Analysts say the country has enough power generation capacity. But the main problem lies in ensuring the primary energy supply for power plants.

“The government is apparently in trouble, which will intensify if they don't change their major policies."

https://www.thedailystar.net/business/economy/news/energy-sector-was-hobbled-dollar-crunch-2023-will-2024-be-any-different-3510141?amp

PDB loss quadruples on capacity charge, fuel cost

https://www.newagebd.net/article/221829/pdb-loss-quadruples-on-capacity-charge-fuel-cost

Bangladesh's 2023 coal-fired power output tripled, easing shortages

"The share of coal is expected to increase further this year as a new unit is expected to get commissioned. Dependence on gas is expected to remain steady and use of liquid fuels will fall," a senior energy ministry official said.

"However, fossil fuels will continue to dominate power generation in the coming years and renewables are not expected to make up more than 5% of overall output this decade, industry officials say."

https://www.reuters.com/business/energy/bangladeshs-2023-coal-fired-power-output-tripled-easing-shortages-2024-01-03/

HTE, GCM website details of shareholders is here mate

http://www.gcmplc.com/shareholders/share-capital

The installed power generation capacity shot up more than five-fold based on imported fossil fuel as the government aggressively pursued fossil fuel to meet an assumed power demand that was never there.

The annual report showed that the fuel cost per unit of electricity in thermal power plants went up by more than 100 per cent in the past year.

https://www.newagebd.net/article/221829/pdb-loss-quadruples-on-capacity-charge-fuel-cost

They really are in a total mess!!!

https://www.daily-sun.com/post/728644

Jatiya Party (JP) candidate for Dinajpur-2 constituency Mahbubul Alam has withdrawn his candidacy, five days ahead of the 12th parliamentary election.

Mahbubul Alam came up with the announcement at a press briefing held at the local party office in Birol upazila of the district.

Contacted, the JP candidate said he withdrew his candidacy after being embarrassed by the questions of local voters about the election. "There is no threat or pressure from outside,” he said.

https://thefinancialexpress.com.bd/national/jp-candidate-for-dinajpur-2-mahbubul-alam-withdraws-candidature

I wonder how much longer are India going to allow their coal to be exported .............

https://thefinancialexpress.com.bd/world/asia/india-wants-private-money-for-coal-fired-plants-despite-western-opposition

Messages being sent from London to conduct assassinations, says Quader

https://www.newagebd.net/article/221553/messages-being-sent-from-london-to-conduct-assassinations-says-quader

“Since the yield from underground mining is extremely low, and Bangladesh has few coalfields, open-pit mining is the only real option to meet the coal demand.”

Depending on imported coal for 50% of the 2030 electricity generation is ambitious and risky. Experts have warned that without huge investments in coal receiving and handling facilities not more than 3000-4000 MW of coal fired power plants based on imported coal is possible. Coal prices are low at the present time as a result of the collapse in oil prices. It is true that domestic coal would be more expensive than the imported coal at the present price. But one must remember that such low oil prices cannot prevail for a long time. Therefore, attention must be paid to mining coal.

“Since the yield from underground mining is extremely low, and Bangladesh has few coalfields, open-pit mining is the only real option to meet the coal demand”