Korea Resources seeks Dighipara coal JV with Petrobangla

Thursday, 28 Sep 2006

According to a statement by the South Korea’s ministry of commerce, industry & energy, state owned Korea Resources Corp is considering to jointly developing a soft coal mine in Bangladesh with Petrobangla.

The statement said "The South Korean government will help Korea Resources sign the MOU with the Bangladeshi company to develop Dighipara mine, which has an estimated reserve of 600 million tons of soft coal.”

It added that the government will also help Korean companies looking to participate in a project to build a 500MW to 1,000MW thermal power plant near Dighipara field, if Korea Resources secures the Dighipara joint venture.