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New, revived fossil fuel projects to heighten Bangladesh’s economic woes

In February, the Hydrocarbon Unit of the power and energy ministry hosted a discussion attended by energy experts, geologists and consumer rights activists with a proposition that categorically promoted open-pit coal mining, particularly in Phulbari.

The recently adopted Integrated Energy and Power Master Plan ensures Bangladesh continues to rely on fossil fuels for decades to come.

https://unb.com.bd/category/Special/new-revived-fossil-fuel-projects-to-heighten-bangladeshs-economic-woes/166355#:~:text=Over%2095%20percent%20of%20Bangladesh's,an%20acute%20energy%20crisis%20persisted.

If the Election Is Fair, No One Can Stop BNP Except Allah: Faruk

Zainul Abedin Faruk, Adviser to the BNP Chairperson, has asserted that if a free and fair election is held in Bangladesh, no one will be able to prevent the party’s emblem, the “Sheaf of Paddy,” from winning, except Allah.

Faruk made the remarks on Friday (15 August) at the National Press Club during a discussion organised by the Bangladesh Workers’ Party to commemorate the 80th birthday of Begum Khaleda Zia, the BNP Chairperson.

https://khaborwala.com/if-the-election-is-fair-no-one-can-stop-bnp-except-allah-faruk

No force will be able to delay election: Press Secretary

Shafiqul Alam, press secretary to the Chief Adviser, said that the election will be held in February. No force can delay the election. The election will take place as stated by the Chief Adviser.

He made these remarks to reporters on Friday (15 August) in Magura, after visiting the graves of Shaheed Rabbi and Shaheed Al Amin following Friday prayers.

https://viewsbangladesh.com/no-force-will-be-able-to-delay-election-press-secretary/

The National Consensus Commission will send a refined draft of the July National Charter 2025 to political parties in a couple of days.

NCC vice-chair Professor Ali Riaz on Thursday evening told New Age that the commission had planned to share the document with political parties ‘within a day or two’.

https://www.newagebd.net/post/Country/273055/ncc-to-send-draft-to-parties-in-a-day-or-two

How much time and money have they lost over the years through not taking this project forward!!

They really can’t afford to carry this saga on for much longer!

Just putting the links together, and probably making 2 + 2 to make 6, but you never know 🤔

I wonder if this part of the proposal from GCM, who were at the time Asia Energy would still be on the table 🤷‍♂️

This article is from 2006

Asia Energy unveils plans to build US$40 million coal shipment terminal in Khulna

Asia Energy Monday announced plans to build a US $40 million river terminal in or near the southern port of Khulna to handle shipment of up to eight million tonnes of coal from its Phulbari coal mine.

https://bdnews24.com/business/asia-energy-unveils-plans-to-build-us40-million-coal-shipment-terminal-in-khulna

This is an interesting article, and i will go back over my research, but from memory, i am sure that back in the day of Asia Energy, the Pashur River was connected to the Phulbari project for transporting Phulbari coal to other coal plants ...

At the time it was to be used for export, but obviously now would be used to distribute coal for their own coal plants ...

Navy signs deal with Mongla port for Pashur channel dredging

Although dredging of the Pashur channel is a big challenge but it’s crucial for development of the port.

He said the project was taken up at a cost of about Taka 1,600 crore to solve the problem.

The dredging will help increasing efficiency of the Mongla Port to make it into a regional hub. In addition, uninterrupted coal transportation will be ensured for Rampal Power Plant, he added.

https://www.bssnews.net/others/301857

Navy signs deal with Mongla port for Pashur channel dredging

Aimtodeath, there are a lot of green boxes today, so I’m guessing some are working hard to try and get others to sell in order to fill their buy orders 🙄🙄

But just from what you have said I’m guessing that some are saying that the river sediment from the Teesta River will be good enough to build roads etc?

Well just to confirm, as has been discussed on here previously, and I believe written in the Bangla press it is NOT a good enough quality for roads …

Nice to hear JollyChippy, this has to be good news and shows that things are moving forward to ensure that the elections will be held on time …..

It’s good to know that we will now also be getting a weekly update on the EC progress ….

“Mentioning that the EC will brief the media every week, the EC secretary said, "We will discuss with you (the media) at least for one or two days every week. Election Commissioner Brigadier General Abul Fazal Md. Sanaullah (retd.) and I will brief the media."

https://www.bssnews.net/news-flash/301756

BNP keeping up the pressure to make sure that the February elections go ahead ....

February election deadline must not be crossed, says BNP’s Dudu

BNP Vice Chairman Shamsuzzaman Dudu on Wednesday urged people to stay alert so that no one could delay the national election beyond February, warning that any such move would open the door for the return of fascism.

“An acceptable, fair and transparent election is needed to restore democracy, and such an election has been announced for next February. People are happy and expect the election to be held within February,” he told a protest rally.

The BNP leader said everyone at home and abroad, including experienced political parties and election experts in the country, knew there was enough opportunity to hold the election by December.

“Dr Yunus, as the head of the government, expressed his wish to hold a historic election in February. Taking that into account, we accepted the shift from December to February. But we must remain cautious — under no circumstances should this February deadline be crossed,” he said.

https://unb.com.bd/category/Politics/february-election-deadline-must-not-be-crossed-says-bnps-dudu/166220

And the investment is not going to come without guarantees of electricity!

Election news sparks investors' confidence: Amir Khosru

Amir Khosru Mahmud Chowdhury, member of the BNP Standing Committee, said that news of an upcoming election has restored confidence among investors, dispelling uncertainty and prompting many to prepare for new investments.

https://bangladeshpost.net/posts/election-news-sparks-investors-confidence-amir-khosru-158663#google_vignette

Stevehuges, just take a read of redeyemines post at 12.16

Election news sparks investors’ confidence: Amir Khosru

Amir Khosru Mahmud Chowdhury, member of the BNP Standing Committee, said that news of an upcoming election has restored confidence among investors, dispelling uncertainty and prompting many to prepare for new investments.

https://thefinancialexpress.com.bd/national/politics/election-news-sparks-investors-confidence-amir-khosru

Hopefully we have seen the bottom now with buying again at 4.79, so hopefully it's higher lowes and will be higher highs .... :)

Election won’t be canceled at anyone’s demand: Finance Adviser

Finance Adviser Dr. Salehuddin Ahmed has stated that national elections will not be postponed or canceled based on the demands of any individual or political group.

https://viewsbangladesh.com/election-wont-be-canceled-at-anyones-demand-finance-adviser/

Preparations for the elections coming along nicely!

DHAKA, Aug 12, 2025 (BSS) – A total of 331 local organizations have applied to the Election Commission (EC) seeking registration to observe the upcoming 13th National Parliamentary Elections.

Md Ashadul Haque, Assistant Director (Public Relations) of the EC Secretariat, confirmed the information today.

https://www.bssnews.net/news/301158

'Interim govt ready to hand over power to elected representatives'

Chief Adviser Prof Muhammad Yunus has said that the interim government is ready to hand over power to an elected government.

https://www.thedailystar.net/news/bangladesh/news/interim-govt-ready-hand-over-power-elected-representatives-3961281

Sooo we are down 16% today and have had 23 trades, with only around 1 million traded, about the same volume as yesterday, in the big scheme of things, that volume is nothing….

Can you imagine what is going to happen on positive news which will bring much higher volume!!! There is so much to come, obviously there’s the build up to the elections in February, then it could be anything from the BNP coming out and discussing their manifesto, reinforcing their commitment to using the country’s own minerals / coal resources, the interim government again coming out and giving an update about the work that they have been doing behind the scenes, saying that the work is all done and ready for the the incoming government to look favourably on open pit mining at Phulbari, as they said they were going to do in February. (After all, if it helps to take the country forward Yunus somewhere along the way is going to want to take the credit!!) Or will GCM come out with an update saying about the work that they have been doing and that they are ready to work with the new incoming government, who ever that may be, or will they leave that until December when we get an RNS confirming Power China renewing their overburdened contract ….

I’m sure there are a lot more triggers, but that will do for now 😂😂

GL all, now back to my break ..

And finally we have a date, I am sure Yunus would have liked to stay on longer if he could, but thankfully the BNP and other kept up the pressure and got the date moved forward!!

Onwards and upwards!!

Chief adviser professor Muhammad Yunus has announced that the national election will be held in February before Ramadan.

The chief adviser made the announcement in a televised addressed to the national on Tuesday evening.

https://en.prothomalo.com/bangladesh/q9u27kwu26

Excellent news!!!

Bangladesh's Yunus to ask election commission to hold national election in February

https://www.streetinsider.com/dr/news.php?id=25148767&gfv=1