According to the Ministry of Power, Energy and Mineral Resources, it is anticipated that by the years 2020 and 2030 Bangladesh’s power demand may well reach 17,000 MW and 38,000 MW, respectively. With natural gas reserves and sources depleting at a fast pace, several coal-based power plants are currently being developed and several more are in the pipeline; with a shift towards coal-based power, it is anticipated that by the year 2030, annual coal import demands may escalate to 70 million tons.

The Project involves the design, engineering, procurement, construction, commissioning, start-up, operation and maintenance of a Coal Transshipment Terminal located in Matarbari area at Cox’s Bazar district; and its major objective will be to supply imported coal efficiently to the coal fired power plants in Bangladesh and to contribute to the stable electrical power supply in the country. Japan International Cooperation Company and Sumitomo Corporation will be partners to the Bangladesh government in development and implementation of the Project.