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Dhaka Monday,  Dec 6, 2021

Coal Sector

REUTERS:Chinese President Xi Jinping said in a pre-recorded address at the United Nations General Assembly on Tuesday that China would help developing countries build green energy production and halt construction of coal power plants abroad. China has been under international pressure to announce an end to overseas coal financing as part of its updated package of national climate pledges to be submitted to the United Nations. read more Beijing is... »
Ali Asif Shawon: The price of coal from the Barapukuria Coal Mine Company Ltd (BCMCL) may rise again, this time by 5%, as the Ministry of Power, Energy and Mineral Resources has decided to renew a six-year contract with Chinese company XMC-CMC Consortium. The price of coal per ton, including VAT and tax, has been proposed at US$85.85 in the new contract, officials said. The XMC-CMC consortium is offering this... »
The AIM-traded firm said the agreement related to its 572 million tonne high-grade coal resources at the Phulbari Coal and Power Project in north west Bangladesh. Under the agreement, the parties had agreed to establish a joint venture entity, which would be responsible for progressing and implementing the framework agreement. GCM and NFC would meet on a regular basis to discuss and arrange works relating to the project, including, but... »
An Indonesian ship carrying 22,220 tonnes coal reached Payra port in Patuakhali district for Bangladesh-China Power Company Limited (BCPCL) on Monday. Payra Port Authority and BCPCL in association with upazila medical officer carried out the medical procedure to check the temperature of the crews who were not allowed at the jetty. The ship will leave the port after unloading the coal tomorrow, said a press release of Shipping Ministry here... »
The lone local hard-rock mine in northern Dinajpur district is struggling to lure potential buyers, even if the domestic demand for the mineral has skyrocketed. Maddhapara Granite Mining Company Ltd (MGMCL) is toiling to sell 1.6 million tonnes of stone annually as Bangladesh imports more than 20 million tonnes. Its high-grade granite is in stock, but buyers opt for ‘lower-grade’ stone imports preferably from India, Bhutan, Vietnam and Dubai, industry... »
A vessel laden with 20,000 tonnes of coal reached the jetty of the Payra port yesterday for the first time in the history of the port. “It is a memorable day for us as it has been the first coal vessel to reach the jetty of our seaport,” said Commodore Md Saidur Rahman, a member for harbour and marine at the Payra Port Authority (PPA). The PPA managed all the... »
Share this with Facebook Share this with Messenger Share this with Twitter Share this with Email Share Related TopicsSchools’ climate change protests Image copyrightAFP Image caption Hundreds of protesters joined forces to break into the mine and march through it Hundreds of climate change activists have stormed an open cast coal mine in western Germany to campaign against fossil fuels. The protesters ran through fields and broke through a police... »
Bangladesh-China Power Company Ltd (BCPCL) on Monday signed a contract with an Indonesian company to import coal for operation of its 660 MW capacity Unit-1 of 1320 MW Coal-fired Payra Power Plant in Patuakhali. As per the contract, Indonesian firm PT Bayan Resources Tbk will supply the required coal for the Unit-1 of the power plant so that it could start power generation from December next. Bangladesh’s state-owned North-West Power... »
Despite political support from the White House, U.S. coal consumption continues to fall, as power producers shutter coal-fired units in favor of cheaper and more flexible natural gas as well as solar and wind. U.S. power producers generated almost 6 percent less electricity from coal in the first half of the year even as total generation rose almost 5 percent and gas-fired generation was up 17 percent. Coal-fired generation declined... »
Coal mining is reinitiated from the Barapukuria coal mine. The mine is now producing around 2 thousand metric tons of coal daily on an average. Barapukuria coal mining authorities informed that, the mine resumes it production on 8th September after a three-month halt. Initially, the miners started experimental mining and after 2 days of experimental mining, they began the regular mining operation. After 15 days of operation, the mining process... »