View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 28, 2021

Bangladesh rejects plans for ten coal power plants

The scrapped coal-fired plants could have accounted for 8,451MW of power generation in Bangladesh.

By Umesh Ellichipuram

The Government of Bangladesh has scrapped its plans to build ten coal-fired power plants as the nation looks to renewable resources to increase its power generation.

Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

The move comes in response to increases in coal prices and concerns raised by climate activists.

Power and Energy Minister Nasrul Hamid said that the government had rejected the approval for the power plants as the construction progress was deemed unsatisfactory.

Mr Hamid added that these plants could have generated 8,451MW of power.

The majority of the power plants were planned to be built in Bangladesh’s coastal region, which is home to 20 million people.

They also included a 1,320MW plant, planned to be built on the ecologically fragile Maheshkhali island, and a 1,200MW project to be constructed by a Bangladeshi-Japanese joint venture.

Green activists in the country welcomed the latest move, saying that the coal-fired plants would have caused irreparable damage to the country’s ecology.

Bangladesh aims to generate 40% of power from renewable energy by 2041.

In an effort to increase its renewable energy capacity, the country intends to import hydropower from Nepal and Bhutan.

Last year, Bangladesh planned to build 18 coal-fired plants in order to increase the amount of power generated by such plants, which currently account for 8% of the country’s power distribution.

Mohammad Hossain, head of the Bangladesh Energy Ministry’s technical arm Power Cell, was quoted by Reuters as saying that out of the total planned power plants, ten have been scrapped under the government’s latest move.

Mr Hossain said: “There is a concern globally about coal and we have to adhere to that. The government is committed to reducing carbon emissions.

“When Bangladesh produced an energy masterplan in 2010, coal was cheap and the best option after gas. But dramatically falling prices for solar power and somewhat cheaper natural gas have changed the picture.

“Considering all this, we thought we needed to be more renewable.”

Related Companies

Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU