But is it a genuine energy solution – or just a prop for the Carmichael mine? • Sign up to receive the top stories in Australia every day at noonGodda,in the Indian state of Jharkhand, is surrounded by the country’s most productive coalmines. It will soon also be domestic to the Adani group’s latest coal-fired power station, or a plant built for the sole purpose of sending energy across the border to Bangladesh.
Adani has framed its planned 1600-megawatt Godda power plant as a humanitarian venture. In a statement to Guardian Australia,the company said it had acted “in the large interests of our neighbours, the people of Bangladesh by inking the deal.
But market analysts say the supply agreement is anything but benevolent. The tariffs quoted by the Bangladesh Power Development Board are approximately double the current cost of solar and wind power in India. Sign up to receive the top stories in Australia every day at noon Related: As a grazier I rely on water. Adani’s latest plans put our future at risk | Bruce Currie This is a top-notch project for Bangladesh whether it takes offContinue reading...
Source: theguardian.com