Bangladesh estimates it needs $40 billion of investment to boost its generation capacity from its current 16 GW to 60 GW by 2041, with coal playing a key role.
The country plans to expand its coal-fired power capacity by more than three times its current level by 2040, largely neglecting its vast potential for solar power – which could be complemented by gas as a back-up fuel.
A roll-out of coal-fired plants would enable the South Asian nation to take advantage of its coal deposits while reducing...
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!