Phulbari the people’s savour…. Not!!11 Dec 2025 19:12
Great, so our old friend Phulbari has returned with some quite ridiculous statements this morning imho… Great timing Phulbari, two posts, and then know one hears from you for the rest of the day, knowing what reaction your post would create, I hope you got your order filled, or were you posting just for your ego?
In reality, Bangladesh and its people would be in a much better place today if the project had been given the green light back in 2006, but greed and corruption got in the way. Thankfully though, the country has now moved on, and with the new elections in February hopefully comes a new Bangladesh!
For you to even think about comparing the situation in Bangladesh today as being the same as in 2006 is crazy and wrong!
Let’s just look at a few key points ..
It was the BNP that originally gave the green light for Phulbari, before the protests and sad shootings, and was then Hasina who cancelled it. The country was in a very different place in 2006 than it finds its self today, with Bara closing in the next couple of years, gas running out, debt within the country rising to an unmanageable level, the energy situation not improving, and with LOT’S of promises being made by the two main parties, BNP and Jamaat, about how they are going to change the country’s future should they win the election, and how in the coming years Bangladesh is going to be the hive of Asia…. All of this takes electricity and lots of it……
Let’s just hope that your two posts today did not encourage sellers, and that they were going to sell anyway, because IF, over the next few days we get / see the Energy Roadmap announced and, in any way, as we expect it mentions “own coal” and especially if it mentions “Phulbari coal” or the renewal of the PowerChina MoU announced, I suspect the SP will be in a very different place, and they may be regretting their decision.
Let’s see what the coming days / weeks bring, but I personally expect a far better outlook than the poster Phulbari is suggesting ……..
GL all