State-owned Barapukuria Coal Mining Company Limited (BCMCL) is interested to develop and operate the adjacent Phulbari coalmine to meet the country’s mounting coal needs for electricity generation, BCMCL officials said.
“We are confident that we shall be able to extract coal from Phulbari if we are allowed to develop it,” BCMCL Managing Director Md Quamruzzaman told a group of journalists at the plant site.
He said the BCMCL has sought to get the Phulbari coal extraction authority as no firm has been given the same as yet by the government.
Journalist Alliance for Energy Development (JAED) organised the journalists’ visit to Barapukuria
The BCMCL’s intention to develop and operate Phulbari coalmine came days after the Prime Minister’s Adviser on energy Dr Tawfiq-e-Elahi Chowdhury told media that the government has no mining agreement with the Asia Energy on mining of the Phulbari coal mine.
GCM Resources, formerly known as Asia Energy, has carried out a feasibility study alone on Phulbari coalmine, which has coal reserve of around 572 million tonnes.
BCMCL is the owner and operator of the country’s lone producing Barapukiria coalmine having coal reserve of 390 million tonnes and daily coal production capacity of around 3,500-4000 tonnes.
It supplies major part of coal to the country’s only 250-megawatt (mw) Barapukuria coal-fired power plant at the mine mouth at a subsidized rate of US$105 per tonne.
The BCMCL sells the remaining coal to private buyers that include brick fields, tea estates and steel re-rolling mills at market price at $140 per tonne.