Bangladesh, Nov. 11 -- Japanese financing pullback leaves the government with the option to build another 1200-megawatt coal-based power plant at the Matarbari infrastructure hub on the bay coast through self-financing, officials say.

Advertisement The state-run Coal Power Generation Company Bangladesh Limited (CPGCBL) has undertaken a Tk 198.39-billion project (2nd phase) for setting up the 2X600MW (3rd and 4th units) 2nd phase of the coal-fired power station, they said Tuesday.

The company has already set up 2X600MW-capacity 1st and 2nd unit of the ultra-supercritical coal-fired power station at a cost of Tk 518.55 billion at Matarbari where a coal-handling port, sea-channel expansion, and township have also been developed.

The Japa...