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Epic coal vs. gas battle in Bangladesh has implications for India
Aug 24: An epic battle coal vs. gas battle is going on in Bangladesh and the jury is till out on which side is winning.
8There are lessons for India in this battle.
8Bangladesh is perennially short in both coal and gas. Whether it is gas or coal, the cost of power is more expensive than it is in India.
8Coal apologists are pushing for a cleaner coal option for Bangladesh while LNG suppliers are rooting for gas based power.
8Power is ridden by massive subsidies in Bangladesh and the entire edifice can come down like a house of cards one day.
8Renewable power has not made the kind of inroads it has in India but if costs continue to fall, it can emerge as a competitor.
8Potential LNG plant owners are exposed to significant policy change risks in Bangladesh.
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