Rampal Power Plant

IEEFA Research

A Step Backward for Bangladesh

Rampal Power Project: Fraught With Unacceptable Risk and Out of Step With the Times

We’ve published a report today that explains how the proposed coal-fired Rampal Power Plant in southwest Bangladesh would drive up electricity rates, cost far more than its promoters say, and put investors and consumers at a myriad of risks. Our report, “Risky and Over-Subsidized: A Financial Analysis of the Rampal Power Plant,” outlines why the […]

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More News and Commentary

IEEFA Asia: India’s High-Risk Rampal Coal-Plant Investment Puts Global Household-Name Asset-Management Companies at Risk

BlackRock, JPMorgan Chase, Reliance Group, Sun Life Financial, Franklin Resources, Royal Bank of Canada, AIG, Prudential, Axis Bank, Crédit Agricole, HSBC, Bank of New York Mellon, UBS, Credit Suisse …

In a continuation of our pictures-worth-a-thousand-words motif we started earlier this week, with the first one on the vast opportunity in BRICS renewables-investment markets, here’s one that offers a revealing look at which institutions exactly are at risk in the exceptionally high-risk Rampal coal-fired project in India. First, the EXIM Bank of India has a […]

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U.N. Agency Joins Opponents of Rampal Coal Plant in Bangladesh

Katy Daigle and Julhas Alam for the Associated Press: DHAKA, Bangladesh — The U.N. agency devoted to preserving world heritage has joined environmental groups urging Bangladesh to halt plans for a massive coal-fired power plant near ecologically sensitive mangrove forests on the coast. UNESCO says it poses a “serious threat” to a region that protects […]

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Bangladesh Is Building a Dirty and Expensive Coal Plant Next to the World’s Largest Mangrove Forest

From the Conversation.com Environmental groups claim the outer edge of the project is within a 14km radius of the forest, thereby breaking Bangladeshi forest laws. Each year, nearly 5m tonnes of coal will have to be shipped to the plant along the Poshur River, which cuts across the Sundarbans and will need to be dredged. […]

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On the Blogs: The Hard Numbers Cases Against India Coal-Fired Mega Project

Sushmita S. Preetha for the Bangladesh Daily Star: For those who consider “environment” to be a “soft” issue that has no place in the more “grave” and “grown-up” discussions on development, let’s talk economics. Let’s talk about the fact that three French banks and two Norwegian pension funds pulled out their investment last year from […]

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IEEFA South Asia: A Simple Way to Help Address Bangladesh’s Energy Crisis—Import Electricity From India


Expensive Coal-Fired Projects Are Not the Answer 


As India proceeds with a remarkable electricity-sector transformation that puts it firmly on the road to modernizing its antiquated grid, expanding its commitment to renewables and achieving stronger national energy security, its neighbor to the east, Bangladesh, is reeling from an ever-growing power crisis. Bangladesh is awash today in energy poverty. Its per capita consumption […]

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On the Blogs: India-Bangladesh Power Project Is Out of Step With the Times

Jai Sharda for the Huffington Post: The plant, which has been delayed significantly from the original plans of commissioning by 2016, will be very expensive, despite major subsidies from both Bangladesh and India and multi-year lows in coal prices. The plant is set to receive subsidies worth over US$ 3 billion over its life in […]

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A Step Backward for Bangladesh

Rampal Power Project: Fraught With Unacceptable Risk and Out of Step With the Times

We’ve published a report today that explains how the proposed coal-fired Rampal Power Plant in southwest Bangladesh would drive up electricity rates, cost far more than its promoters say, and put investors and consumers at a myriad of risks. Our report, “Risky and Over-Subsidized: A Financial Analysis of the Rampal Power Plant,” outlines why the […]

Read More →

India EXIM Bank at Risk in Bangladesh Coal Project

Jyoti Mukul for the Business Standard of India: A US-based think tank today said the Bangladesh-India Maitree project could effectively end up in a financial mess. The Institute for Energy Economics and Financial Analysis (IEEFA) said electricity produced from the project would cost 32 per cent more than the average electricity in Bangladesh, assuming an […]

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Rampal Coal-Fired Proposal for Bangladesh Puts Ratepayers and Investors at Risk, Relies on Outdated Technology, Is ‘Out of Step With Times’

Electricity Prices Would Be 32% Above Current Averages; Indian EXIM Bank Would Be Overly Exposed; Solar-Energy Momentum Offers an Immediate, Lower-Cost Solution

June 17, 2016 — The proposed coal-fired Rampal Power Plant in southwest Bangladesh would drive up electricity rates, cost far more than promoters say, and put investors at a myriad of risks, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Risky and Over-Subsidized: A Financial […]

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