BR100 Decreased By (-0.67%)
BR30 Decreased By (-1.27%)
KSE100 Decreased By (-0.52%)
KSE30 Decreased By (-0.51%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.15 Decreased By ▼ -1.17 (-2.04%)
BOP 30.16 Decreased By ▼ -0.19 (-0.63%)
CNERGY 12.95 Decreased By ▼ -0.17 (-1.3%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.25 Decreased By ▼ -0.54 (-1.02%)
FFL 14.59 Decreased By ▼ -0.13 (-0.88%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 6.03 Increased By ▲ 0.30 (5.24%)
LOTCHEM 26.25 Decreased By ▼ -0.21 (-0.79%)
MLCF 91.49 Decreased By ▼ -1.67 (-1.79%)
NBP 164.30 Decreased By ▼ -0.36 (-0.22%)
NCPL 53.85 Decreased By ▼ -1.81 (-3.25%)
NPL 58.71 Decreased By ▼ -2.45 (-4.01%)
OGDC 314.00 Decreased By ▼ -2.73 (-0.86%)
PACE 9.89 Increased By ▲ 0.02 (0.2%)
PAEL 35.14 Decreased By ▼ -0.49 (-1.38%)
PIBTL 14.68 No Change ▼ 0.00 (0%)
PPL 222.35 Decreased By ▼ -4.56 (-2.01%)
PRL 91.20 Decreased By ▼ -1.82 (-1.96%)
PTC 59.14 Decreased By ▼ -1.12 (-1.86%)
SSGC 23.25 Decreased By ▼ -0.56 (-2.35%)
TBL 8.72 Decreased By ▼ -0.03 (-0.34%)
TELE 7.70 Decreased By ▼ -0.10 (-1.28%)
TPL 22.11 Decreased By ▼ -0.24 (-1.07%)
TPLP 12.62 Decreased By ▼ -0.35 (-2.7%)
TREET 21.81 Decreased By ▼ -0.35 (-1.58%)
TRG 56.30 Decreased By ▼ -0.26 (-0.46%)
By

NEW DELHI: India and Bangladesh on Wednesday jointly opened a coal-fired power plant near one of the world’s largest mangrove forests, despite environmental criticism in both nations saying it threatens millions of people’s livelihoods.

The 1320-megawatt Maitree Super Thermal Power Project is set to burn 4.75 million tonnes of coal annually, and begins operations weeks ahead of the UN COP28 climate conference in Dubai.

The plant, built in Bangladesh, is close to the UNESCO world heritage site of Sundarbans, one of the world’s largest mangrove forests.

Environmentalists say the power plant threatens the livelihoods for about two million people in the Sundarbans and could violate the UN’s Ramsar Convention to protect wetlands.

The first half of the $2 billion power plant — financed with a $1.6 billion loan from India — went online last year.

The two leaders also inaugurated cross-border railway and port links between their countries.

“These projects are a shining example of win-win cooperation between our countries,” Bangladesh Prime Minister Sheikh Hasina on Wednesday, in a virtual ceremony with India’s Narendra Modi.

Dhaka buys at least a million tonnes of Indian coal annually, but the dirty fuel for the new plant will be sourced from Bangladesh.

The power plant will “enhance energy security in Bangladesh”, India’s foreign ministry said in a statement.

Comments

Comments are closed for this article.