Index Power and Energy Ltd. is one of the leading business Companies in Bangladesh engaged in Mining and Exploration of any type of Natural resources and its Exploration, Excavation, Extraction, Refining, Conversion, Production, Manufacturing, Marketing, Servicing, Consulting, Exporting, Importing in home and abroad. The company also works with the goal of functioning to lead in Oil and Gas, Petrochemical and Power Sector. Recently, we are going to start exploration for peat land of 4000 hectare area Bijoynagar Upazila of Brahmanbaria district, Bangladesh. We have already completed reconnaissance survey and we found that the quality of peat in our lease area is good and it is mature type of peat which has high calorific value of 7000 btu/lb-12000 btu/lb, low ash and sulfur content. The possible reserve of peat in whole area is about 2000 million tons. After completing the exploration we want to proceed on mining and want to setup a peat fired plant.
Heavy Minerals Deposits
We are also going to exploring mineral sand in the Brahmaputra-Jamuna and GangesRiver bed for finding heavy minerals like Garnet, Epidote, Apatite, Monazite, Amphibole Zircon, Rutile, Ilmenite etc. Brahmaputra-Jamuna River is one of the largest braided river in the world and about 2 billion tons of sediments are carry out though the country per year, among these 40% of its deposited in the river bed and forming numerous bars. So that our main focus is on the River Bars for exploring Heavy minerals. We have already completed reconnaissance survey and we found minerals higher percentage about 15-25%. One of our technical personnel has shown her MS research publication (JASY, J.B, RAHMAN, J.J, YEASMIN, R., 2010, Sand Petrology of the Exposed Bar.
Deposits of the Brhamaputra-JamunaRiver, Bangladesh: Implication for Provenance, Bangladesh Geoscience Journal, Vol.16, P.1-22.) that a good percentage of heavy minerals (~10.9%) are noticeable in Bar sand.
These placer mineral can be used in various industries in Bangladesh. There are few industries, Chittagong steel mill, different ceramic industries, paper mills and other industries of Bangladesh use placer mineral. Few local industries manufacture welding electrodes. But they have to import raw material (rutile) from abroad. This project can be fulfill the local demand then earn foreign currency also by exporting those valuable minerals.