ADB offers all support to implement Phulbari Coal Mine project
Friday, 5 October 2007
The Asian Development Bank (ADB) has offered to extend all kinds of technical and financial supports for implementing the Phulbari Coal Mine project, long stalled over the issue of mining method, reports UNB.
A high-profile visiting delegation of the multi-lateral donor agency gave the assurance in a meeting with Energy Adviser Tapan Chowdhury at his office in the Energy Ministry Thursday.
"We have both public and private-sector windows… we are interested to provide both technical and financial supports, and our support should be extended on the basis of the requirement of the project," ADB Director General of the South Asia Department Kurio Senga told the reporters.
The ADB team is now in the country on a three-day visit to discuss the matters about providing its support to the country's energy sector, particularly the Phulbari Coal Mine project.
The UK-based company Asia Energy conducted feasibility study, and submitted a development scheme under an agreement with the government to develop the project with open-pit mining methodology. But the scheme is yet to be approved.
A high-profile visiting delegation of the multi-lateral donor agency gave the assurance in a meeting with Energy Adviser Tapan Chowdhury at his office in the Energy Ministry Thursday.
"We have both public and private-sector windows… we are interested to provide both technical and financial supports, and our support should be extended on the basis of the requirement of the project," ADB Director General of the South Asia Department Kurio Senga told the reporters.
The ADB team is now in the country on a three-day visit to discuss the matters about providing its support to the country's energy sector, particularly the Phulbari Coal Mine project.
The UK-based company Asia Energy conducted feasibility study, and submitted a development scheme under an agreement with the government to develop the project with open-pit mining methodology. But the scheme is yet to be approved.