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

India distances itself from SCO statement on Iran-Israel conflict; urges dialogue, diplomacy for de-escalation

India said on Saturday that it did not participate in the discussions on the Shanghai…

8 hours ago

India asks its nationals in Palestine to remain vigilant, observe locally advised safety procedures

India's Representative Office in Ramallah has urged Indian nationals in Palestine to remain vigilant and…

8 hours ago

IMD issues red alert for heavy to extremely heavy rainfall in 5 districts of Kerala

The India Meteorological Department (IMD) on Saturday issued a red alert for heavy to extremely…

15 hours ago

PM Modi to visit Cyprus, attend G7 summit in Canada, meet leaders in Croatia from June 15-19

Prime Minister Narendra Modi will pay an official visit to Cyprus, Canada and Croatia from…

15 hours ago

Israeli airstrike hits army base in Iran’s Zanjan: Reports

Reports indicate that Israeli fighter jets have targeted an army base in Zanjan, a city…

16 hours ago

Air Chief Marshal AP Singh attends Combined Graduation Parade at Air Force Academy in Hyderabad

Chief of the Air Staff, Air Chief Marshal AP Singh, on Saturday, attended the Combined…

16 hours ago