Just type in your google search bar ….latest Bangladesh coalnews13 Feb 2026 07:00
As of February 2026, Bangladesh is navigating a challenging energy landscape, characterized by high import dependency and scrutiny over coal contracts. Key developments include GCM Resources securing funding to advance the Phulbari coal mine project and a panel report indicating that an Adani Power coal supply deal is overpriced and flawed. Additionally, Indonesia's SGER has secured a $71.5 million coal supply contract with Bangladesh.
Key Coal News & Developments (February 2026)
Phulbari Coal Project: GCM Resources secured £1.25 million in funding to continue progress on its controversial open-pit coal mine project in Dinajpur, which aims to extract 572 million tons of coal.
Imported Coal Scandals: A Bangladesh government panel reported "serious anomalies" in contracts with Adani Power, claiming the imported coal is "excessively priced".
New Supplier: Indonesia's PT Sumber Global Energy Tbk (SGER) secured a $71.5 million deal to supply coal to Bangladesh.
Energy Strategy: Drafts of the Integrated Energy and Power Master Plan (IEPMP) 2026 show continued reliance on imported fossil fuels, despite aiming for higher domestic coal production, with warnings that energy import dependency could reach 90% by 2030.
Environmental & Social Concerns: The proposed Phulbari project faces ongoing opposition, with concerns about displacing communities and disrupting water sources.
The reliance on coal comes amid a broader debate on energy security and the slow adoption of renewable energy alternatives in Bangladesh.