Tag: Matabari coal plant

Japanese firm Sumitomo pulls out of Bangladesh coal project

Mar 15, 2022

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by

Rituparna Ghosh

in Non Coking

Major Japanese trading house Sumitomo has withdrawn its plans to build the second 12,100 MW phase of the Matarbari coal plant in Bangladesh. The move comes amid Japanese companies focusing more on reducing their involvement in any new coal power business. Sumitomo, Toshiba and IHI are currently building the 1,200 MW first phase of the…