Asia Energy - Coal and Power for Bangladesh

I wonder is Tata will accept coal for gas ?

Tatas may shelve Bangladesh project

BS Bureau in Kolkata | December 10, 2005 13:21 IST


The Tata group may shelve its proposed Rs 5,000 crore (Rs 50 billion) Bangladesh project if it does not get the required concession from the local government.

Tata Sons director J J Irani said that the proposed projects of Tata Steel and Tata Chemicals critically hinged on the availability and pricing of gas in Bangladesh.

"If we do not get it at a price which we are looking at there is no point (in) doing the project. This is simple because Bangladesh does not have iron ore. So, the only advantage is gas," he said.