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

Foreign Secretary Vikram Misri, Dy NSA Pavan Kapoor meet US Under Secretary of Defence Elbridge Colby

Foreign Secretary Vikram Misri met US Under Secretary of Defence Elbridge Colby along with Indian…

1 hour ago

India shines as bright spot for global steel industry, says Jefferies Report

India is emerging as a strong growth market for steel, standing out as the only…

2 hours ago

“We are clear that talks and terror don’t go together”: MEA says on Pakistan

External Affairs Ministry Spokesperson Randhir Jaiswal on Thursday has reiterated India's stance on bilateral discussions…

17 hours ago

“New visa module for Afghan nationals, people can apply in six categories”: MEA

India implemented a new visa module for Afghan nationals on April 29, Ministry of External…

17 hours ago

“India in touch with Iranian authorities for locating them”: MEA on three Indians missing in Iran

India is in touch with Iranian authorities for locating three Indian nationals who went missing…

18 hours ago

Shutdown in Awaran after civilian killings; Baloch groups urge UN probe into Pakistan’s actions

A citywide closure occurred throughout the Awaran district in Balochistan on Wednesday, with shops, businesses,…

18 hours ago