Dhaka, May 3 -- Rampal 1320-megawatt power plant is about to run out of coal stock and the exigency prompts the management to urge financial backup for the fuel import to continue operation, officials said.

Authority of the power plant, a joint-venture company owned by governments of Bangladesh and India, is now looking for a working-capital loan worth US$110 million from India's Export-Import Bank to open LCs for coal import, they added.

The company chairman, Dr Md Mokhles ur Rahman, senior secretary, the ministry of public administration, in a letter has sought finance secretary's intervention to secure the working-capital loan from the Indian bank.

The much-talked-about thermal power plant was established with concessional financing...