Companies + projects
Japan and GE are behind the Chattogram division buildout
Japanese and US companies are pushing costly LNG on Bangladesh, exposing Bangladesh’s economy to the volatile prices of imported fuels. Corporations like Sumitomo Corporation (Sumitomo), Mitsubishi Corporation (Mitsubishi), JERA, and General Electric (GE) are holding Bangladesh as financial hostages so they can profit from the buildout of more polluting power.
The companies involved
These are the companies that are building out the fossil fuel pipeline in the Chattogram region.
Japan
Table 1: Japanese companies with sponsorship in Chattogram LNG power plants
| wdt_ID | Company | Project name | Equity stake | Capacity (MW) | Relative capacity owned (MW) |
|---|---|---|---|---|---|
| 1 | JERA (22% equity shareholder of Summit) | Matarbari Summit LNG Power Plant (Summit's share of JV is 55%, making JERA's effective equity stake ~12%) | 12 | 2,400 | 290 |
| 3 | Marubeni | Pertamina LNG Power Plant | 50 | 1,400 | 700 |
| 5 | Mitsui & Co | CPGCBL-Mitsui 500-630 MW LNG Based CCPP | 50 | 630 | 315 |
General Electric
US headquartered General Electric is involved in three LNG to power projects and is either involved or bidding on all four LNG terminals in the Chattogram region. Despite setting a goal to become carbon neutral in its facilities and operations by 2030, GE includes polluting technologies like gas power as a part of its energy transformation strategy.
Market Forces worked with five Bangladeshi artists to call on General Electric (GE), to stop pushing new fossil fuel projects in Bangladesh. The Electric Bangladesh: Fossil Free Futures exhibition calls for a safe and secure future, one where lives and livelihoods are not disrupted, and where Bangladeshis have electricity produced from renewable energy like wind power that GE Vernova has the capacity to deliver.
Japanese companies represent 52% of all known foreign sponsors of Chattogram LNG to power projects.
The significant number of Japanese companies involved in multiple roles, including sponsor, engineering procurement and construction contractor (EPC) building projects, or lender makes it a clear conflict of interest for the Japan International Cooperation Agency (JICA) to be developing the new power development plan for Bangladesh.
Companies like Mitsubishi, JERA, and Sumitomo are doubling down on their support of fossil fuel expansion in Chattogram, despite making commitments to net-zero CO2 emissions by 2050.
Help keep fossil fuels out of Chattogram (and the rest of Bangladesh)!
Send a message to GE, Mitsubishi, JERA, JICA and other companies urging them to stop building fossil fuel infrastructure, to protect the livelihoods and health of local communities and our climate, and preserve this region, its beautiful beaches and wildlife.
The projects
20GW of fossil fuel projects are proposed for the Chattogram region.
Table 2: List of proposed LNG power projects in Chattogram and rest of Bangladesh
| wdt_ID | Order | Project name | Capacity (MW) | Completion Year | Sponsor |
|---|---|---|---|---|---|
| 1 | 1 | Chattogram | |||
| 2 | 2 | Anwara CCPP* (United) | 590 | 2026 | United Enterprises |
| 3 | 3 | Anwara 600 MW CCPP (Jalalabad) | 600 | - | Jalalabad Electric Power Company |
| 4 | 4 | Ashuganj 600 MW CCPP (Replacing existing Unit 3&4) | 600 | Past 2030 | Ashuganj Power Station Company Ltd (APSCL) |
| 5 | 5 | Ashuganj 600 MW CCPP (Replacing existing Unit 5) | 600 | Past 2030 | Ashuganj Power Station Company Ltd (APSCL) |
| 6 | 6 | Ashuganj 600 MW CCPP at B-Type Area (Phase-1) | 600 | 2030 | Ashuganj Power Station Company Ltd (APSCL) |
| 7 | 7 | Ashuganj 600 MW CCPP at B-Type Area (Phase-2) | 600 | 2030 | Ashuganj Power Station Company Ltd (APSCL) |
| 8 | 8 | Ashuganj 600 MW CCPP at B-Type Area (Phase-3) | 600 | Past 2030 | Ashuganj Power Station Company Ltd (APSCL) |
| 9 | 9 | Boalkhali 400 MW CCPP (Phase-1) | 400 | 2026 | Rural Power Company Limited (RPCL) |
| 10 | 10 | Boalkhali 400 MW CCPP (Phase-2) | 400 | 2030 | Rural Power Company Limited (RPCL) |
*CCPP = Combined Cycle Power Plant
This map shows the projects proposed for the Chattogram region
A Carbon Catastrophe in the Making: The dirty energy plans in Chattogram, Bangladesh
This report details the fossil fuel buildout in Chattogram. Known throughout Bangladesh for its beautiful beaches and mountainous terrains with deep tropical forests, the Chattogram division of Bangladesh is now at risk of being the location of one of the world’s biggest carbon catastrophes. Plans by companies predominantly from Japan and the United States to massively expand fossil fuels in Bangladesh overwhelmingly focus on the Chattogram division, the location of two-thirds of the proposed new fossil fuel capacity in Bangladesh.