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I know that we all know that elections will take place in February, but it’s good to see it emphasised that it will be held by February 15th

The 13th National Parliamentary Election will be held by February 15 next year, with no possibility of postponement, according to Shafiqul Alam, press secretary to the Chief Adviser of the government.

He made the remark while speaking to reporters on Friday morning (September 12) during a visit to the ancestral home of poet Farrukh Ahmed in Majhail-Mandartala village under Sreepur Upazila of Magura.

“No one will be able to obstruct this election. A free and fair election will take place in the first week of February in a peaceful atmosphere, much like the recent DUCSU polls, with spontaneous participation from voters,” Shafiqul Alam stated.

https://viewsbangladesh.com/13th-national-election-to-be-held-by-feb-15-press-secretary/

Https://ieefa.org/resources/bangladeshs-energy-policy-changes-raise-more-questions-they-answer

Did we miss this from June 2025 …. It discusses renewable and coal, but is this another coal plant that is going to be built? I’ve lost track now 🤷‍♂️

Well how interesting…. Below is redeyes post from Thursday 28th when exactly the same thing as today happened, when the SP then finished at 6.10p on the Thursday ….. on the Friday they still could not find sellers and the SP then finished up by close of play on the Friday 29th at 6.8p

It will be interesting to see how tomorrow goes, and whether they find the sellers that they are hunting for, personally I doubt it, but let’s see … 🤔

Redeyes post from Thursday 28th…. I hope he does not mind me posting it again ….

Well i hope you are all paying attention, because we are in the middle of round 2 mm's games.----Doing the Oakey Coakey and trying to make a living.

--Yesterday was a repeat of a few weeks ago, when all the limits on the book were filled in-and that was around 6.2 down to 5.80.--and they did it again yesterday afternoon.

-With no new buying they decided 650-80 was going to be the top, and as the day dragged on they eased the sp down slightly------still no buyers-----------so then what.

--Hit all the buy limits on the book again.

-6.23 down to 6.00 saw 600/- buy limits filled in (and almost certainly left at least one MM short, maybe more)

-They sp was duly dragged back to 570. bid (not the offer note), with the hope of encouraging sellers and letting them drag it back further------------it's not happened.

-All they've managed to get is about 70/- ---so now what.

-A quick conflab (watch the small trades), found most mm unwilling to drop below 570 bid , as with no sellers, they are afraid of running into more buying and be even shorter at a lower level.

-Now watch------one mm has broken ranks and bid up slightly--so where to now.

-Will they have the courage to try and drag it down to 5.25-5.75-----or will they bid up to close that short.

-Its Fri tomorrow, and i bet they try to close out most of it by then.

-Good games.

Obviously, we know this, but for those just looking in, it’s quite interesting just looking back over the GCM journey and growth from February 2025 after at the coal seminar held by energy experts and Fouzel Khan from the Interim Government, all came out and said that the countries coal resources should be mined, and specifically mentioned Phulbari and open pit mining.

At the 1st of each month the SP was

March 1.55p

April 2.65p

May 2.85p

June 3.10p

July 4.00p

August 5.5p

September 6.5p

So, each month the share price has risen, and if you look back over the volume traded from,

October 2024 to February 2025, it was 54.3 million

And from March 2025 to August 2025 was 285.6 million

That’s quite an increase in volume, and each month the SP, as I say has risen.

Also, along the way, you can bet you your life on it, that I am not the only one who has been buying and just tucking them away, which then obviously reduces the free flow ….

Just saying lol

Bara, will only be producing coal until about 2028 / 2029 though before they are unable to mine anymore coal through the underground method, this is why the head of Petrobangla put a proposal forward to open pit mine there as well, but as we know, they still need to have feasibility studies etc completed. This is also the reason why it will be Phulbari that is mined first, because they would have to start OPM from the north side and then mine Bara ion the future.

😂😂 just intuition mate ….. they’ve tried to take it down again and it’s not worked because apart from the odd small trade they have run out of sellers, so it makes sense to assume that the only way now is up ⬆️

Let’s see …..

Investorprime, probably not for much longer though 😉

We know how to cut costs even further :) lol.....

"the country has been boosting power imports and local coal-fired generation due to gas infrastructure challenges and to cut costs."

Interesting article .....

Bangladesh buys more power from India, lifts fuel oil use as electricity demand rises

DHAKA, Sept 11 (Reuters) - Bangladesh is boosting power imports from India and output from fuel oil-fired power plants in a scramble to meet rising electricity demand as it grapples with constraints on gas supply and coal plant maintenance, industry officials and analysts say.

Power imports, mainly from an Adani Power-run (ADAN.NS), opens new tab coal-fired plant in eastern India, rose 70% in the seven months through July and helped satisfy most of the rising demand, government data showed.

Natural gas accounted for about two-thirds of Bangladesh's power demand in the decade that ended in 2020, but the country has been boosting power imports and local coal-fired generation due to gas infrastructure challenges and to cut costs.

Wow Redeyes.... It looks like you have hit a nerve, so may well be on the right track, the negative spin after your post gives that conclusion ......

As we already know the placing should not be due until sometime in Q1, so there's plenty of time for the SP to continue to rise before then, especially with the news expected .....

• The project authorities claim that modern ultra-supercritical technology is being used, which will keep emissions and environmental pollution to a minimum.

• Special arrangements will be made for the coal transportation, advanced equipment will be used to control smoke and ash, and technical steps will be taken to prevent river pollution

• Today the Rampal Power Plant has become not just a source of electricity but also the centre of national debate and international discussion. Some see it as a beacon of development, while others think it could be an environmental disaster for future generations. But there is no way to deny it, The Rampal Project will make a significant contribution to the nation economy. If electricity production continues, the pace of industrialization will accelerate. The flow of electricity to rural areas will increase and the quality of life of the people will improve. The Rampal Power Plant is both a beacon of hope and a major challenge.

• This power plant will not only generate electricity but will also breath new life into the economy and lifestyle of the entire southwestern region. The 1.3 million megawatts of generation capacity will increase supply to the national grid, which will have a direct positive impact on industry, agriculture, the service sector, and rural development.

Having just listened (and sadly translated lol), this excellent new YouTube link about Rampal Coal Power Plant from 2 days ago, it has made me think, this is exactly how they will promote Phulbari Open Pit Mining, and the 6000MW coal power plants, especially with the significance of knowing that the Teesta River project is just being given the green light.

One thing to point out, is that with something as sensitive as the Rampal power plant, because of it being in the Sundarbans how they have emphasised the use of modern ultra-supercritical technology is being used, which will keep emissions and environmental pollution to a minimum, this imo is obviously how they would sell Phulbari as well

I can’t post the whole thing because it’s too long, so will post the main points …

sorry for it being a long post

https://www.youtube.com/watch?v=Y8hfVeytKkc

• People’s expectations surrounding the Rampal project as a beacon of that light are skyrocketing. This is not just a new power plant but a new chapter in Bangladesh’s energy security. The commissioning of the coal-based plant with a capacity of 1320MW will open new horizons in the country’s electricity generation. The industrial, agricultural, and household sectors, which have been suffering from electricity shortages for a long time, will see the light of new possibilities. No matter how much controversy there is over the location of the Rampal Power plant, no one can deny its strategic importance. This project is going to become one of the tools to set the wheels of development in motion in the southern region.

• The industrial areas of Khulna, Bagerhat, Satkhirah and Barisal will receive direct electricity facilities. Which could revolutionize investment and employment

• When connected to the national grid, it will change the quality of life for millions of people. Light will reach dark villages. Agricultural production will increase, and industrial areas will become more active. The dream of Bangladesh is hidden amidst all the controversy surrounding Rampal’s light. If the project can be carried forward while maintaining a balance between development and the environment, it will one day be part of history.

• Bangladesh has long faced obstacles to its development progress due to shortages. The lack of electricity, was evident in industry, agriculture, and even daily life. At that time, the Rampal Power Plant was one of the largest initiatives taken to ensure the country’s energy security.

• a significant amount of electricity will be added to the national grid and the pace of industry and trade in the southwestern part of the country will increase many times over. It is not just a power plant but a symbol of development and modernity.

• Employment opportunities will be created for thousands of people, which will have a positive impact on the local economy

If we are stating facts, then you may want to say that Dhigipara mine, has not got the green light, and will take at least 8 years before it could produce coal ...

All political parties, in their manifestos have said that they will use the countries own mineral / coal resources!!!

Such false information... go and do some research..... they are actually building NEW coal fired plants as we speak!!!!!

The truth is, whether some of these so-called renewable advisors/experts like it or not, Bangladesh is not going to dismantle all the existing coal plants, and in fact are actually still building new ones. We know that they cannot afford to carry on importing coal, and they do not have the money to transfer to renewables in the speed that they would like, even the IMF are no longer just prepared to give them the money that they ask for .....

Conclusion – They are going to be reliant on coal for their energy for many many more years to come!!

Adviser Salehuddin criticizes weak global climate funding support

Bangladesh needs $30 billion to fight climate disasters but struggles to secure even $1–1.5 billion from the IMF, he says

“Bangladesh needs around $30 billion to effectively combat climate-induced disasters but when it comes to securing even $1–1.5 billion from the International Monetary Fund (IMF), we face tremendous hurdles,” he said.

https://www.dhakatribune.com/bangladesh/bangladesh-environment/390958/adviser-salehuddin-criticizes-weak-global-climate

What a mess they are in ……

Seventeen private power companies have petitioned the Bangladesh Energy Regulatory Commission (BERC) to waive fines imposed on them.

These companies have requested an order to settle an outstanding debt of approximately Tk 4.5 billion without paying the associated penalties.

The Power Development Board (PDB) imposed fines on these companies as per their contracts for failing to supply electricity according to demand.

The companies argue that they were unable to procure fuel for power generation due to significant outstanding payments, which prevented them from meeting PDB’s scheduled electricity supply requirements.

https://barta24.com/english/details/business-en/276111

It looks like it’s all a big secret as to why these power outages are happening….

Technical glitches trigger power outages in Bangladesh

Parts of Bangladesh are experiencing load shedding after technical glitches disrupted production at some large power plants, the Power Development Board (PDB) says.

Read

“The situation will improve within several days,” PDB said tonight (September 9) without elaborating on the technical glitches. It has urged people to be patient.

https://en.somoynews.tv/news/2025-09-09/JF3wK0FT

Digit, and that’s without taking into consideration the ones that they removed and then reinstated 🙄

Absolute joke, especially as you say, they were GCM related……

Redeyes, and then with a wave of the Magic wand and your post reappears!!

Maybe there’s a newbie in the office today 😂😂😂