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Bangladesh struggles to arrange gas supply for new gas-fired power plants

March 9, 2024 Comments Off

Bangladesh is struggling to arrange sufficient gas supply for half a dozen new gas-fired power plants with total generation capacity of around 3,510 MW due to heavy government subsidies and slow-moving reforms, according to project operators and market participants. The supply constraints mean the new plants could remain underutilized despite recent attempts at deregulation and low LNG prices. Platts assessed…