The Matarbari thermal power plant, Bangladesh’s most costly coal-fired project, has halted operations due to a coal supply interruption after the previous coal supply contract ended. Allegations of local contractors’ influence and corruption among project officials have delayed the signing of a new coal contract. While the plant could potentially restart by month-end, financial strain and low plant operation levels continue to impact the Bangladesh Power Development Board (BPDB), reflecting broader economic and energy sector challenges linked to systemic issues in the country’s financial system.
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