Coal policy imperatives: Bangla Desh

The Energy and Mineral Resources Division has sent the draft of the proposed coal policy to the Cabinet Division for approval. However, the country’s geologists and economists have serious reservations about it. Geologists and economists are of the view that energy security will be under a threat if the policy is approved as it will reportedly allow more than half of the country’s coal to be exported.

If the policy is approved, any company will be allowed to export double the volume of coal that would be consumed in the country. This provision will remain for the first 10 years after the coal policy comes into effect. The company will be allowed to export the same amount of coal that would be consumed in the country annually 10 years after the policy comes into effect. It means the ratio of domestic consumption and export will be 1:2 in the first 10 years and 1:1 after 10 years.
The New Nation