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'Japan withdrew from Matarbari-2 plant after consultation'

By :The Report Desk
Published : Jun 22, 2022 11:07:00 PM | Latest

Japan retreated from financing the Matarbari-2 coal-fired power plant after consulting Bangladesh, according to State Minister for Power, Energy and Mineral Resources Nasrul Hamid.

"To cut its carbon footprint, the Japanese government made the decision a year ago following a discussion with the Bangladesh government," he told UNB Wednesday.

The Bangladesh government had already decided to develop an LNG-based power plant instead of a coal-fired one at the site of Matarbari-2, he added.

The remaining part of the project area will be used for developing a solar power plant, he added.

Bangladesh already cancelled 10 coal-fired power plants of more than 8000MW as part of its global climate change commitment, Nasrul said.

The country is implementing the 1200MW Matarbari-1 coal-fired power plant in Maheshkhali with the Japanese government's financial support.

The first unit (600 MW) of the plant is scheduled to come into operation in 2024.