Loans for coal-fired power plants can be taken as much as desired

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The Banking Regulations and Policy Department of Bangladesh Bank has issued a notification in this regard today on Tuesday. At present, S Alam and Orion Group are setting up coal-based power plants in the private sector outside the government institutions in the country. The construction of coal-based SS Power owned by S Alam Group is going on in Chittagong's Banshkhali. And Orion Group's coal-fired power plant is awaiting construction.

Meanwhile, Deputy Governor of Bangladesh Bank Abu Farah. In the notification signed by Nach, it is stated that, under the powers given in section 121 of the Bank Companies Act, in order to ensure uninterrupted supply of money required for power generation, in case of taking loans from a single person, organization or group bank producing electricity for the purpose of setting up coal-based power plants and purchasing or importing other raw materials including coal used for power generation. will get special benefits. Section 26B(1) of the Bank Companies Act shall not come into force for the next five years for the banks concerned in providing loans for coal-fired power plants. However, Section 26B(1) of the Bank Companies Act states that no individual or organization or group can be given more than 25 percent of the bank's capital. This clause has been suspended in the case of coal-based power plants. However, Bangladesh Bank said

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