THE PHULBARI COAL AND POWER PROJECT

The proposed Phulbari Energy Park is rich in natural energy resources capable of supporting over 2,000MW of Solar Power and 6,600MW of thermal power. Perceived as a groundbreaking and forward thinking project aiming to deliver affordable and sustainable energy solutions to the people of Bangladesh, it has been lauded as offering a template for developing economies to grow and utilise local resources in a more sustainable and eco friendly manner.

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In March 2024 the State Minister for Energy Nasrul Hamid endorsing the project in press articles stated the proposal was being taking to the highest levels of government for final approval by April. On March 11th 2024 GCM resources announced it had entered into a $1billion contract with Power China to facilitate the development works to extract the coal and overburden at the Phulbari Coal and Power Project.