In Bangladesh, coal consumption will only get higher.
In a recent development, the South Korea headquartered Posco Engineering & Construction Company has won a deal to set-up a coal-fired power plant at the Matarbari Island in Bangladesh, jointly with the Japanese conglomerate, Sumitomo Corporation.
The Bangladesh government is on a robust drive to improve the power supply infrastructure in that country. Aimed at raising the per capita power consumption to 600 KWh by 2021 from the current level of 293 KWh, the government has set an immediate target of generating 16,086 MW of electricity by 2021. To implement the initiative, the government is in the process of setting up 29 coal-fired power plants, with 7,296 MW of cumulative capacity.
Power is being traditionally generated in that country from Natural Gas, which the nation bears inherently. But, in view of the depleting reserves in the country, the government has shifted its focus to coal as the main fuel for power generation.
However, there is not sufficient coal reserve in that country to enable running of the upcoming thermal power plants with domestic coal. To meet the demand, imports will have to be relied upon. In a media report, the Ambassador of Indonesia to Bangladesh was quoted to evince interest for exporting coal to Bangladesh.
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