Gcm Resources Share Discussion Threads

[newtothisgame3] 11/3/2019 05:58

11 March, 2019 12:48:11 AM

Set power, energy tariffs on market basis
Analysts tell CPD seminar



About the future plans for the country’s power and energy sector, the minister said, “I want to move very fast. Our economy is moving very fast and it demands the country’s power and energy sector to move fast,” he said.

He said he wants USD 71 billion worth of investments in the power and energy sector by 2040. “I want to produce 60,000 gigawatts by that time. We have already attracted a lot of investments. The private sector is generating 56 per cent of our electricity now,” he said.

“Big financers and big companies are already here. Within 2023, we will be able to complete the deep sea port, which we call the ‘energy port’,” he added.

[mrshaungcm] 10/3/2019 20:03

The CPD said was the time to pay attention to the primary energy sector, particularly domestic gas and coal. There should be a clear idea about the gas reserve of the country.
“So, the country must take a decision on its own coal and must go forward and explore the domestic coal because it would give us a lot of energy independence and freedom.”

[behuge] 09/3/2019 19:23

GCM will BEHUGE


Japanese power firm to expand in Bangladesh

Ken Kawai
AKM Zamir Uddin
Japan's Mitsubishi Hitachi Power Systems (MHPS) plans to expand its footprint in Bangladesh in a bid to grab more market shares.

As part of the move, the thermal power generation company, which has operations in America, Europe and Asia, has opened its full-fledged office in Dhaka last Monday.

Ken Kawai, chief of the Asia-Pacific region of the MHPS, said the company has already set up five mega gas turbine plants in Bangladesh, with a total power generation capacity of 2,000 megawatts.

“We have planned to expand our operation rapidly to meet Bangladesh's appetite for energy,” he said during an interview with The Daily Star at the Pan Pacific Sonargaon hotel in Dhaka.

Presently, Bangladesh's power generation capacity stands at around 20,000MW and the government has set a target to increase it to 24,000MW by 2021 and to 40,000MW by 2030.


Growing industrialisation and urbanisation has made Bangladesh one of the power-hungry countries in the world, drawing attention of many global companies.

Along with the Japan government, the MHPS contributed to Bangladesh's development by way of setting up its first steam turbine in 1960 for Fenchuganj fertiliser power plant, Kawai said.

In 1966, the company installed a steam turbine for Karnaphuli Paper Mill, which is still operating. The MHPS provided the country's first gas turbine in 1987 for the old Haripur gas turbine.

“Our new branch office will engage us more in Bangladesh. We can set up high-efficiency gas turbine and coal-fired power plants more now, helping the country's development eventually,” said Kawai, who joined Mitsubishi Heavy Industries in 1979.

The office will progressively strengthen the company's sales capabilities in the coming projects, especially those based on thermal power facilities, planned by both the Bangladesh government and the private sector, Kawai said.

He said the five power plants installed by the MHPS were capable of generating 40 percent of the country's power generated by large turbines.

Kawai, who will be promoted to the post of the global chief executive officer of the company next month, also talked about technology transfer and know-how by the MHPS to Bangladesh.

“Thanks to our own presence, local companies and experts will immensely benefit from our technical know-how.”

The MHPS will transfer technology along with skilled Japanese experts more to Bangladesh, setting up power plants and maintaining them, which will help the country's young engineers and individuals enhance their knowledge, said Kawai.

The company's major business is in Asian countries, especially in Japan, India and the Asean and it plans to widen its global footprint, Kawai said.

In the global perspective, General Electric and Siemens are the main competitors of the company in the field of power generation through large gas turbines but its market shares have surpassed the companies, securing number one place in the world, he said.

The MHPS is a joint venture formed in February 2014 by Mitsubishi Heavy Industries and Hitachi to consolidate business with strong capacity.

Kawai called the bilateral relation between Bangladesh and Japan excellent and praised Bangladesh for maintaining a steady economic growth for

[mickb1234] 09/3/2019 18:44

Behuge8 Mar '19 - 23:23 - 31965 of 31965 (Filtered)

Behuge Bellend needs to pull himsef off his lady goat and spend the weekend finding some coal stories like the 'pizza tastes so much better when cooked in a coal pizza oven' story! 🤣🤣🤣

[burlives] 09/3/2019 16:40

Expecting news on proposal this week. Hopefully we will see a bit of a hike.

[mickb1234] 08/3/2019 13:07

Baxy have the beans got Phulbari OP Mine written on the side? You'll make a fortune selling them on here and LSE.

[baxtea1] 08/3/2019 11:56

Anybody want to buy some magic beans?

[newtothisgame3] 08/3/2019 10:40

Friday, Mar 08, 2019
The documents were signed in the presence of Prime Minister Sheikh Hasina, Saudi Trade and Investment Minister Dr Majid Bin Abdullah Al Qasaibi and Economy and Planning Minister Mohammed Bin Mazyed Al-Twaijri at a ceremony at her office on Thursday

[behuge] 08/3/2019 09:53

AL H another moron who knows everything but knows nothing. Are you from the Banglas government ?? Or maybe on the BOD of Powerchina? If not shut up and go back to play in the sand 🤡

[al h] 08/3/2019 09:40

zen12 son ... nothing is happening here other than a load of hype. The Banglas have no intention of giving GCM the green light this year, next year or ever in fact. Coal isn't on their radar no matter how much pressure companies like GCM put on them with these little proposals. Basically you're wasting your time with this dying dog regardless of the halfwits claiming otherwise.

[lefrene] 08/3/2019 09:28

The familiar ruse of mark it up in the morning to lure in a few buyers and then pull the rug in the afternoon.

[zen12] 07/3/2019 19:07

MMs playing with this, it all seems artificial 23-27, one of these days this will jump up and leave these levels behind. News is coming confirmed by last weeks holding rns. Should see Proposal or gov in the coming days, and then hopefully decision confirmed next month..

[mickb1234] 07/3/2019 13:27

Behuge7 Mar '19 - 11:33 - 31947 of 31948 (Filtered)

Come on Behuge Bellend put your goat girlfriend back in the garden and get some ramping coal stories going. Lets get this to £10! 🤣🤣🤣

[cambradjones] 07/3/2019 13:26

Same old take it up on volume and drop it on tiny sells.

[lefrene] 07/3/2019 13:10

Walk it up and nudge it back down again, those MM's eh! Still they have to make a living as best they can.