Bangladesh inks landmark deal with Nepal, India to import 40MW electricity in Jun-Nov
The press statement, however, did not clarify for how many years will the deal stay effective
Bangladesh will import 40MW of electricity from Nepal via India for five months during the period of June-November.
The countries signed a landmark tripartite agreement in this regard, marking a significant step in regional energy cooperation, reads a press statement issued by the Ministry of Environment, Forest, Climate Change, and Water Resources today (3 October).
The Bangladesh Power Development Board (BPDB), Nepal Electricity Authority (NEA), and NTPC Vidyut Vyapar Nigam Limited (NVVN) of India signed the tripartite power sales agreement at a ceremony in a Kathmandu hotel.
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Syeda Rizwana Hassan, environment adviser, was present on the occasion.
Under this agreement, 40 MW of electricity will flow from Nepal to Bangladesh via India for five months from June to November.
The press statement, however, did not clarify for how many years will the deal stay effective.
The ceremony was also attended by Nepal's Energy, Water Resources, and Irrigation Minister Deepak Khadka, Bangladesh's Water Resources Secretary Nazmul Ahsan, and Nepal's Ambassador to Bangladesh Ghanshyam Bhandari.
Speaking on the occasion, Rizwana emphasised that this agreement marks a significant step forward in expanding regional energy trade. "This is not just about meeting our immediate energy needs, but also about ensuring the long-term energy security of our nations in an environmentally friendly manner."
Earlier, she met with Nepal's Prime Minister KP Sharma Oli at the Singha Darbar, where they discussed matters of bilateral interest.
