The Matarbari Power Plant is a 1,200 megawatt (2 x 600) coal-fired power station under construction in Maheshkhali Upazila of Cox's Bazar District in southeastern Bangladesh. [1]
The coal plant is being built with over $2.4 billion in climate change financing from Japan, and it is part of Japan's climate finance pledge. [2] [3]
Additionally, CPGCBL has planned to develop the 500-600 MW LNG based CCPP, Matarbari 2×600 MW USC CFPP (Phase II) Project, a 50 MW Grid-Tied Solar Power Project, a Wind Power Project, and a Transshipment Terminal (TT) Project. CPGCBL has also entered into an MOU in 2023 with Sembcorp Utilities PTE Ltd. for the development of a 400 MW Renewable Energy Generation Project at the Matarbari area.
Matarbari, an island on Bangladesh's southeast coast. Japan has lent Bangladesh at least $2.4 billion in climate finance for the plant [...] Japan continues to claim continued financing for Matarbari as part of its climate finance pledge