Matarbari plant: Govt won’t implement phase-2 | The Daily Star
Skip to main content
T
Friday, September 22, 2023
The Daily Star
E-paper Today's News বাংলা
  • Home
  • News
    • Bangladesh
      • Investigative Stories
    • Investigative Stories
    • Asia
    • World
  • Opinion
  • Health
  • Sports
  • Business
  • Entertainment
  • Culture
  • Life & Living
  • Youth
  • Tech & Startup
  • Multimedia
  • Feature
    • Lifestyle
    • Rising Star
    • Showbiz
    • My Dhaka
    • Satireday
    • Campus
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Shift
    • Daily Star Books
    • Roundtables
    • Star Holiday
    • weekend read
  • More
    • Environment
    • NRB
    • Supplements
    • Law & Our Rights
  • E-paper
  • বাংলা
Search Epaper T
  • Today's News
  • Home
  • News
    • Bangladesh
    • Investigative Stories
    • Asia
    • World
  • Opinion
  • Health
  • Sports
  • Business
  • Entertainment
  • Culture
  • Life & Living
  • Youth
  • Tech & Startup
  • Multimedia
  • Feature
    • Lifestyle
    • Rising Star
    • Showbiz
    • My Dhaka
    • Satireday
    • Campus
    • Toggle
    • Star Literature
    • In Focus
    • Star Youth
    • Shift
    • Daily Star Books
    • Roundtables
    • Star Holiday
    • weekend read
  • More
    • Environment
    • NRB
    • Supplements
    • Law & Our Rights

  • About Us
  • Contact Us
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
Bangladesh
Asifur Rahman
Thu Jun 23, 2022 12:00 AM
Last update on: Thu Jun 23, 2022 08:13 AM

Most Viewed

  • Will price controls work to tame inflation?

  • We expect major economies to do their fair share: PM

  • Inflation to cool in later part of FY24

  • Potatoes, eggs, onions still not being sold at govt-fixed prices

Bangladesh

Matarbari plant: Govt won’t implement phase-2

Japan cancels funding
Asifur Rahman
Thu Jun 23, 2022 12:00 AM Last update on: Thu Jun 23, 2022 08:13 AM
File photo of Matarbari power plant construction work. Photo: Prothom alo

The government has decided not to implement the second phase of the Matarbari coal-fired power plant, a cabinet member confirmed yesterday hours after Japan announced the cancellation of funding for the project.

At a press conference in Japan, Hikariko Ono, foreign press secretary of Japan, said support for coal-fired power projects by Official Development Assistance (ODA) for Bangladesh and Indonesia will be suspended.

For all latest news, follow The Daily Star's Google News channel.

The announcement came following Japan's commitment at the G7 summit in June last year. It agreed to end new support for coal-fired power generation facilities that did not take measures to reduce greenhouse gas emissions by the end of 2021, according to Jiji Press, a Japanese news agency.

Japan International Cooperation Agency was supposed to finance phase-2. It was ready to fund it even after its commitment at the G7 summit, saying it's an "ongoing" project. But 120 organisations from 25 countries and green campaigners working against fossil fuel urged all stakeholders to stop the expansion of Matarbari project.

Talking to The Daily Star yesterday, Nasrul Hamid, state minister for power, energy and mineral resources, said they have already made a plan to build an LNG-based power plant instead of the coal-based one.

"We have already scrapped Matarbari phase-2 project. We plan to build an LNG-based power plant there. It will be linked with an LNG [Liquified Natural Gas] terminal."

Replying to a query, he said, "We will start it [LNG-based plant] after completion of Matarbari phase-1."

Work of the 1,200MW Matarbari Ultra Super Critical Coal Fired Power Project began in fiscal 2013-14. The cost was initially estimated at Tk 35,984 crore for phase-1.

Last November, the cost was raised by 44.1 percent to Tk 51,854.9 crore. Of the amount, JICA is providing Tk 43,921 crore.

Sources in Power Division said more than 70 percent work of phase-1 has been completed. It is expected to go into operation in January 2024.

Apple Google
Click to comment

Comments

Comments Policy
|বাংলাদেশ

বাংলাদেশে সুষ্ঠু নির্বাচনে বাধাদানকারীদের বিরুদ্ধে ভিসা নিষেধাজ্ঞা আরোপে আজ থেকে ব্যবস্থা নিচ্ছে যুক্তরাষ্ট্র

ভিসা নিষেধাজ্ঞার আওতায় পড়া ব্যক্তিদের পরিবারের সদস্যরাও এর অন্তর্ভুক্ত হতে পারেন। 

১ ঘণ্টা আগে
|বাংলাদেশ

বিক্ষোভ করায় টিআরজেড কর্তৃপক্ষের মামলা, গ্রেপ্তার আতঙ্কে পালিয়ে বেড়াচ্ছেন শ্রমিকরা

১১ মিনিট আগে
Please Click on allow
The Daily Star
Journalism without fear or favour
  • About Us
  • Contact Us
  • Apps
  • Comment Policy
  • RSS
  • Sitemap
  • Advertisement
  • Newsletter
  • Privacy Policy
  • Conference Hall
  • Archives
© 2023 thedailystar.net | Powered by: RSI LAB
Copyright: Any unauthorized use or reproduction of The Daily Star content for commercial purposes is strictly prohibited and constitutes copyright infringement liable to legal action.
X