Bangladesh: Analyzing Hasina era Adani Power Deal

[SoulSpokesman]

@UKBengali

BD could also potentially export power to India and Nepal at times when demand in BD is low

Well, that is the whole point of having a grid. The locality which has a surplus exports, the deficit part imports.

Regards

 

[UKBengali]

@UKBengali

BD could also potentially export power to India and Nepal at times when demand in BD is low

Well, that is the whole point of having a grid. The locality which has a surplus exports, the deficit part imports.

Regards

Cheap and reliable energy will be the foundation on which future prosperity will be built in the region.

It will help industries in India and BD to be as competitive as possible and give the lowest possible bills to consumers, so they can spend the saved money buying more goods and services to drive up company revenues and profits.

 

[Fallstuff]

What Bangladesh needed was a new petroleum refinery or upgrading the capacity of the existing refinery.
Adani is going to be a $ burning pit for the foreseeable future.

 

[Michael Corleone]

@Michael Corleone

There are various grades of coal, each of which has a different calorific value and a different price. Presumably Adani's PPA allows for a higher grade of coal.

Regards

The issue isn't the grades of coal... He uses coal from a particular mine in Australia for his power generation for BD. He hiked up the price particularly for Bangladesh because of the one sided deal that he has concluded with the previous corrupt psycho.

 

[SoulSpokesman]

@Michael Corleone

If I understand right, the tariff is linked to the overall Australian coal index, not just his own Carmichael mine. I maybe wrong though. Perhaps someone will send us the terms of the PPA.

Regards

 

[BananaRepublic]

@Michael Corleone

If I understand right, the tariff is linked to the overall Australian coal index, not just his own Carmichael mine. I maybe wrong though. Perhaps someone will send us the terms of the PPA.

Regards

None of this crap matters!

What matters is that whether the Adani electricity is cheaper than what BD has now.

Given BD is paying 20+tk to petro based power and mobile power generating - it is a no brainier

What the India haters want is Adani to sell it even cheaper - otherwise they are prepared to pay 20tk to petro power lol

What logic!!!

 

[UKBengali]

None of this crap matters!

What matters is that whether the Adani electricity is cheaper than what BD has now.

Given BD is paying 20+tk to petro based power and mobile power generating - it is a no brainier

What the India haters want is Adani to sell it even cheaper - otherwise they are prepared to pay 20tk to petro power lol

What logic!!!

Pay Adani 12 Taka per kwh or buy dirty electricity from furnace based plants in BD for 20 Taka per kwh?

Like they say it is a no brainer here.

 

[BananaRepublic]

Pay Adani 12 Taka per kwh or buy dirty electricity from furnace based plants in BD for 20 Taka per kwh?

Like they say it is a no brainer here.

The constant harking about coal prices is also illiterate!

Do you ask Nando’s (restaurant) how much they paid for chicken when they present you with the bill?

 

[UKBengali]

The constant harking about coal prices is also illiterate!

Do you ask Nando’s (restaurant) how much they paid for chicken when they present you with the bill?

Typical BD'shi village mentality!

 

[BananaRepublic]

Typical BD'shi village mentality!

You are insulting gram Banglar folks by comparing them to the pseudo intellectuals.

Gram Banglar folks are the best people in the world - honest and kind to a fault!

From the airport I head straight to my village - despite having a mansion in sylhet. Bangladeshi cities are dirty and and full of crooks!!! Whilst our village has street lights lol Probably Adani powered lol

 

[BananaRepublic]

The issue isn't the grades of coal... He uses coal from a particular mine in Australia for his power generation for BD. He hiked up the price particularly for Bangladesh because of the one sided deal that he has concluded with the previous corrupt psycho.

What you need to understand is that Bangladesh’s economy is run on garments exports.

Which a a cutthroat business with tiny margins.

It is reliant on cheap power and cheap cotton.

Bangladesh also isn’t going to produce all its foods - again India is the cheapest supplier.

These cold hard realities will drive BD’s relationships with India.

Whatever wishful thoughts you guys have will remain unfulfilled.

Btw, BD will remain reliant on garments until its education establishments moves up the world’s rankings for teaching and research. It has always been at the bottom of the pile!

An education establishment that cannot even fill mid ranking management and engineering jobs in the gulf!!! Mostly taken by Indians.

As I said, these are the cold hard realities!

@SoulSpokesman @UKBengali

 

[Michael Corleone]

What you need to understand is that Bangladesh’s economy is run on garments exports.

Which a a cutthroat business with tiny margins.

It is reliant on cheap power and cheap cotton.

Bangladesh also isn’t going to produce all its foods - again India is the cheapest supplier.

These cold hard realities will drive BD’s relationships with India.

Whatever wishful thoughts you guys have will remain unfulfilled.

Btw, BD will remain reliant on garments until its education establishments moves up the world’s rankings for teaching and research. It has always been at the bottom of the pile!

An education establishment that cannot even fill mid ranking management and engineering jobs in the gulf!!! Mostly taken by Indians.

As I said, these are the cold hard realities!

@SoulSpokesman @UKBengali

1. Garments is the biggest export but remittance is still the biggest source of income.

2. Bangladesh's development path is not at all flawed, in fact any least developed nation ought to pick up garments as its easier to master followed by light industrial manufacturing before moving up the value chain, India has not done that and instead jumped up in heavy industries but that leaves a significant part of its population unemployed. Since only high tech jobs are readily available

3. For sure Bd needs to improve in its education sector, thanks to Indian puppet... the last 15 years have produced more duds than actual capable individuals

4. I lived in Khaleej most of my life, what you describe about middle east and bangladeshis were true about 20 years ago when most people were street cleaners and construction workers... nowadays a majority of that market is provided for by indian labours followed by egyptians.... There aren't many bangladeshis in the middle east like it used to be, most bangladeshis are involved in business, IT,medicine or army/ police nowadays... at least in the kuwait, saudi, qatar and UAE.

Education and health definitely needs reform in Bangladesh but FDI also need to increase and its reform work has already started under Dr. Yunus... he's calling Bangladeshi Talent from abroad back home to fix important criteria for further development and with the rate of recovery in the last 2 months. I am optimistic we will do really well.

 

[Michael Corleone]

None of this crap matters!

What matters is that whether the Adani electricity is cheaper than what BD has now.

Given BD is paying 20+tk to petro based power and mobile power generating - it is a no brainier

What the India haters want is Adani to sell it even cheaper - otherwise they are prepared to pay 20tk to petro power lol

What logic!!!

How questionable Adani deal makes electricity costlier

The costly power from Adani’s 1,600MW coal power plant in India is one of the many reasons why Bangladeshis are paying significantly higher rates to use electricity in recent years

www.tbsnews.net

if this article is anything to go by, average power generation in bd cost 11 taka... not 20 like you claimed...

"Adani Power supplies 1,600MW at a cost of Tk14 per unit, adding to the total generation of 14,000MW, which costs Tk8 per unit on average.
This raises the average unit cost by 7.69% to Tk8.61 per unit, solely due to the uneven import deal with Adani Power."

@UKBengali

 

[UKBengali]

How questionable Adani deal makes electricity costlier

The costly power from Adani’s 1,600MW coal power plant in India is one of the many reasons why Bangladeshis are paying significantly higher rates to use electricity in recent years

www.tbsnews.net

if this article is anything to go by, average power generation in bd cost 11 taka... not 20 like you claimed...

"Adani Power supplies 1,600MW at a cost of Tk14 per unit, adding to the total generation of 14,000MW, which costs Tk8 per unit on average.
This raises the average unit cost by 7.69% to Tk8.61 per unit, solely due to the uneven import deal with Adani Power."

@UKBengali

I think you have looked at it wrong.

The Adani deal has allowed 20Tk+ per kwh furnance oil plants to be closed and so while it has technically raised average cost of generation, it would have been even more without it.

Again do not look at one single deal - BD is getting 40MW(small now and will end up in GWs in 5-10 years) of Nepalese hydroelectric electricity via India for just 6-7 Taka per kwh.

In time the proportion of BD total supply from Adani will fall from the current 10% down to maybe 5% in 5-10 years down the line. Burden to BD will keep going time over the years.

 

[BananaRepublic]

How questionable Adani deal makes electricity costlier

The costly power from Adani’s 1,600MW coal power plant in India is one of the many reasons why Bangladeshis are paying significantly higher rates to use electricity in recent years

www.tbsnews.net

if this article is anything to go by, average power generation in bd cost 11 taka... not 20 like you claimed...

"Adani Power supplies 1,600MW at a cost of Tk14 per unit, adding to the total generation of 14,000MW, which costs Tk8 per unit on average.
This raises the average unit cost by 7.69% to Tk8.61 per unit, solely due to the uneven import deal with Adani Power."

@UKBengali

Well thanks to Adani deal the average is lower!

Otherwise those 20tk generators would have pushed the average closer to 18.

Look at what Adani is replacing instead of comparing it to the cheapest ones.

BD doesn’t have many cheap options. Otherwise it wouldn’t pay 20tk, would it?