Maddhapara Granite Mining Company Limited
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Maddhapara Granite Mining Company Limited () is a
Bangladesh government The Cabinet of Bangladesh ( bn, বাংলাদেশের মন্ত্রিসভা) is the chief executive body of the People's Republic of Bangladesh. The cabinet is the collective decision-making body of the entire government under ...
owned
granite Granite () is a coarse-grained (phaneritic) intrusive igneous rock composed mostly of quartz, alkali feldspar, and plagioclase. It forms from magma with a high content of silica and alkali metal oxides that slowly cools and solidifies undergro ...
mining company owned by
Petrobangla PetroBangla (Bangladesh Oil, Gas & Mineral Corporation; bn, পেট্রোবাংলা) is a government-owned national oil company of Bangladesh. It explores, produces, transports, manages and sells oil, natural gas and other mineral reso ...
.


History

Geological Survey of Bangladesh Geological Survey of Bangladesh (GSB) is an national organization working in Geological activities in Bangladesh and is located in Dhaka, Bangladesh. The incumbent Director General of Geological Survey of Bangladesh is Moinuddin Ahmed. History ...
discovered granite deposits in Dinajpur District in 1974.
SNC-Lavalin SNC-Lavalin Group Inc. is a Canadian company based in Montreal that provides engineering, procurement, and construction (EPC) services to various industries, including mining and metallurgy, oil and gas, environment and water, infrastructure, a ...
carried out a feasibility study on the site, and Nippon Koei Co., Ltd. published a detailed study. The government of Bangladesh signed an agreement with the government of North Korea. Petrobangla gave a turnkey contract to M/S Korea South South Corporation Corporation of
North Korea North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korea, Korean Peninsula and shares borders with China and Russia to the north, at the Yalu River, Y ...
to develop the Maddhapara Granite Rock Mine Project site. The project became Maddhapara Granite Mining Company Limited on 4 August 1998. On 25 May 2007, the North Korean company handed over the project to Maddhapara Granite Mining Company Limited which started operating the mine from 27 May 2007. By July 2010, the Maddhapara Granite Mining Company Limited had 930 million taka with 240 million lost in 2009 alone. In September 2015, the company stopped mining due to a shortage of equipment leaving one thousand workers without work. Maddhapara Granite Mining Company Limited signed an agreement with Germania-Trest Consortium to develop the site further on 14 February 2014. The contractor performance was unsatisfactory and the companies had to go to an international tribunal to settle their disputes. Germania-Trest Consortium is a joint venture between Germania Corporation Limited, a Bangladeshi company, and JSC TrestShakhtosPetsstroy, a
Belarus Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by R ...
ian company. The tenure of the company was extended by one year in February 2020. The tender to appoint a new contractor was delayed by the
COVID-19 pandemic in Bangladesh The COVID-19 pandemic in Bangladesh is part of the worldwide pandemic of coronavirus disease 2019 () caused by severe acute respiratory syndrome coronavirus 2 (). The virus was confirmed to have spread to Bangladesh in March 2020. The first ...
. The mine was closed for six months due to the pandemic in 2020. Delays over a new contract led to a significant slowdown in production in August 2021 leading to more than one thousand trucks waiting to take rocks from the mine. The company made a profit for the first time since it was founded from the 2018-2019 fiscal year at 70 million taka. The rock production had exceeded all expectations in 2018. In 2019,
Barapukuria Coal Mining Company Limited Barapukuria Coal Mining Company Limited () is a Bangladesh government owned coal mining company. Engineer Md. Kamruzzaman Khan is the managing director of the company. Nazmul Ahsan is the chairman of the board of directors of the company. Histo ...
managing director MD Fazlur Rahman was made the managing director of Maddhapara Granite Mining Company Limited. The company made a profit of 220 million taka the 2019-2020 fiscal year. In March 2022, Maddhapara Granite Mining Company Limited stopped mining activities due to a shortage of
ammonium nitrate Ammonium nitrate is a chemical compound with the chemical formula . It is a white crystalline salt consisting of ions of ammonium and nitrate. It is highly soluble in water and hygroscopic as a solid, although it does not form hydrates. It is ...
explosives. Production resumed on 28 March and stopped again on 1 May due to the lack of explosives. The company is responsible for supplying mega projects of the government. The dealers of the company were charging a high price for the rocks than the rate set by the company.


Board of directors

*
Nazmul Ahsan Nazmul Ahsan is a Bangladesh Civil Servant and Secretary to the Ministry of Water Resources to the Bangladesh Government. Early life Ahsan completed his undergraduate and masters in physics from the University of Dhaka. Career Ahsan joined the ...
* Abul Khayer Md. Aminur Rahman * Md Hafizur Rahman Chowdhury * Ali Iqbal Md. Nurullah * Abdul Baqee Khan Majlis * H. M. Khalid Iftekher * Abu Daud Mohammad Fariduzzaman


References

{{reflist, 2 1998 establishments in Bangladesh Organisations based in Dhaka Government-owned companies of Bangladesh