One of the last countries in the world to support coal-fired generation overseas is considering financing new capacity in Bangladesh.
The Japan International Cooperation Agency said in an email it’s conducting an environmental and social impact assessment for an expansion to the Matarbari power plant. JICA already agreed to finance the first 1.2 gigawatt phase of the project that is scheduled for completion in 2024, but hasn’t decided if it will finance the expansion, which would double the facility’s capacity.
“In spite of difficulties, my government decided to do a survey and research on unit 3 and 4,” Naoki Ito, the Japanese ambassador to Bangladesh, said Thursday during a webinar hosted by the Centre for Policy Dialogue in Bangladesh, referring to the expansion.
