Categories: Economy

India sends first coal consignment to Bangladesh from Kolkata port

<p>
As India, the fourth largest coal producer in the world, opens up exports of this critical raw material, its neighbouring Bangladesh was among the first to receive a consignment.</p>
<p>
The Daily Star reported that “the first consignment of nearly 3,800 tonnes of coal — for Rampal Thermal Power Plant in Bangladesh — has left India.”</p>
<p>
<strong>Also read: <a href="https://www.thedailystar.net/bangladesh/news/rampal-power-plant-3800-tonnes-coal-india-the-way-2123141">Rampal power plant: 3,800 tonnes of coal from India on the way</a></strong></p>
<p>
The consignment, sourced from Dhanbad, left on July 2 from Syama Prasad Mookerjee Port in Kolkata.</p>
<p>
The newspaper said that the consignment is expected to be unloaded at Mongla port and sent to the captive jetty of the Rampal power plant. About 20,000 tonnes of coal will be sent every month from to Bangladesh the Kolkata port once the 1320MW Rampal plant runs in full capacity.</p>
<p>
Meanwhile, a report Thomson Reuters Foundation said that Bangladesh cancelled “plans to build 10 coal-fired power plants,” due to rising costs for the fuel and increasing calls from activists to base more of the nation's power on renewable energy.</p>
<p>
About 8 per cent of the country's current electrical power comes from coal, but until last year the nation had plans to significantly increase that percentage by building at least 18 coal-fired plants, the report said.</p>
<p>
<strong>Also read: <a href="https://www.reuters.com/article/us-bangladesh-energy-climate-change-coal-idUSKCN2E410H">Bangladesh scraps plans to build 10 coal-fired power plants</a></strong></p>
<p>
Traditionally, India along with China, Japan, South Korea among others, have been importing coal.</p>
<p>
In June, the public sector behemoth Coal India Ltd allowed buyers to export coal bought from the miner through e-auctions, in what it called a "first of its kind" and a major policy shift, news agency Reuters reported. India has been a net importer of coal. Traditionally, India along with China, Japan, South Korea among others, have been importing coal.</p>

IN Bureau

Recent Posts

Baloch National Movement condemns Pakistan’s fencing of Gwadar city

In the wake of the Pakistan government's decision to fence the Gwadar city of Balochistan,…

12 hours ago

India, Australia forge alliance to empower women leaders in industry

Confederation of Indian Industry (CII) and Business Council of Australia (BCA) have joined hands to…

12 hours ago

American Express to open state-of-the-art campus in India

American Express is set to inaugurate its cutting-edge campus in India, signifying its steadfast commitment…

13 hours ago

UAE pioneer in ensuring decent, safe working conditions for workers: UAHR

The Union Association for Human Rights (UAHR) acknowledged the UAE's position as a global leader…

13 hours ago

Pakistani Hindu Senator Danesh Palyani raises alarm over forced conversions in Sindh

Pakistani Hindu leader and member of the Senate, Danesh Kumar Palyani on Tuesday raised concern…

13 hours ago

US Secy of State Blinken, Netanyahu hold discussion in Israel

US Secretary of State, Antony Blinken met with Israel Prime Minister Benjamin Netanyahu on Wednesday…

15 hours ago