Bangladesh, June 22 -- Japan backtracked from funding the Matarbari-2 coal-fired power plant after consulting Bangladesh, State Minister Nasrul Hamid said.
"To cut its carbon footprint, the Japanese government made the decision a year ago following a discussion with the Bangladesh government," he told UNB Wednesday.
The Bangladesh government had already decided to develop an LNG-based power plant instead of a coal-fired one at the site of Matarbari-2, the state minister said.
READ: Matarbari coal-fired power project gets costlier
The remaining part of the project area will be used for developing a solar power plant, he added.
Bangladesh already cancelled 10 coal-fired power plants of more than 8000MW as part of its global climate change commitment, Nasrul said.
The country is implementing the 1200MW Matarbari-1 coal-fired power plant in Maheshkhali with the Japanese government's financial support.
The first unit (600 MW) of the plant is scheduled to come into operation in 2024. Published by HT Digital Content Services with permission from United News of Bangladesh. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com