Factually Where We Stand Right Now!24 Jan 2026 12:43
We all know statements that have been made about coal usage and using the countries own resources previously, but with the BNP predicted to win the election by a landslide, let’s bring this right up to date with a few highlights and statements that have 100% been made by the BNP and Bangla press over the past few weeks!
• BNP have said that Coal will continue to be in the energy mix for the foreseeable future
• BNP have said that they will be implementing Teesta River project, we all know the thoughts on Teesta and Phulbari being connected.
• The Energy Master Plan by the Interim Government has been released, although not the full details yet, this recommends that the incoming government should use own coal and be less dependent on imports of coal.
• The Energy Master Plan suggests that Bangladesh has a capacity of around 30,000MW currently, and that coal makes up 21% of the energy mix. The suggestion is that if Bangladesh has the growth expected, this could rise to the country needing the capacity of 70,000MW by 2050, and that coal will then be around 15% of the energy mix!
• This is a massive increase in coal usage, and while they try to reduce imports, this indicates a huge increase in the use of "own coal"
• What ever some green campaigners say, Phulbari is the only mine in the country ready to go and could be producing coal within 3 years, other mines discovered are still years away from being used!
• PowerChina have recently renewed their MoU / EPC overburden contract for 1 Billion.
• This means that if GCM gets the green light it has got a massive instant income from the overburden, and quite handy that Teesta River project will be given the green light, so has an instant market.
I’m sure I’ve missed many other positives that are going on at the moment, feel free to add.
All I know is that imho this is now closer than it’s ever been, and with the elections not that far away, on the 12th Feb, and more and more details about the various party’s energy plans being released daily, this is really starting to get very exciting….
GL all, how ever you play this…