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Govt for wider use of coal

Policy likely by June: Tamim

Star Business Report
The government is considering wider use of coal as an alternative energy source to safeguard the interests of the country's industries, said Chief Adviser's Special Assistant for Power and Energy Ministry M Tamim yesterday.
“As the country's current electricity shortage has slowed the industrial growth, we need to seek an alternative source to gas and ensure the maximum use of that source," he said.
He was addressing a sympo-sium on 'Mining and Community Livelihoods in Bangladesh' jointly organised by energy and mineral resources division and Petrobangla in the capital.
Tamim said the national coal policy with a clear direction on coal exploration, coal-mine development and leasing of the coalfields is likely to be declared by June.
“For the sake of sustainable industrial growth, we have to go for coal mining," said M Tamim.
He said coal mining might acquire a huge land of a particular region and that would affect the agricultural production and evict a community from their ancestral land.
"People who will lose their land will be compensated by the government under the traditional law," he added.
He said if the country's energy deficit can be met by coal in near future, the government will be able to save a portion from the sector and provide subsidy to agricultural sector.
He also said the country's gas reserve is already running
out due to household use and electricity production, and finding new gas reserve is also very costly.
“Due to lack of adequate investment and technical support, it is not economically feasible to find new gas reserve now,” said Tamim.
Moreover, the prices of gas and oil are rising globally. So it is very important now to think about alternative energy sources and reduce pressure on gas, he added,
Chairman of Petrobangla Jalal Ahmed said to meet the demand for energy for producing electricity and fertiliser, government should examine and use its own resources instead of importing those.
Mohammad Mohsin, secretary to energy and mineral resources division, was als’o present at the symposium.