Bangladesh Approves Proposal to Import 40MW Electricity from Nepal

11 June 2024

The Cabinet Committee on Government Purchase in Bangladesh has approved a proposal to import 40 megawatts of electricity from Nepal. This marks a significant step in energy cooperation between the two countries. This decision was made during a meeting on 11 June 2024, where the proposal was presented by the Power Division of the Bangladesh Power Development Board (BPDB). The approval was part of 15 proposals endorsed by the committee, chaired by Mr. Abul Hassan Mahmood Ali, Finance Minister of the Government of Bangladesh.

A tripartite agreement involving the Nepal Electricity Authority (NEA), NTPC Vidyut Vyapar Nigam Limited (NVVN) of India, and the BPDB would facilitate the electricity import, according to reports. The agreement is set for a five-year term, with the power to be traded at approximately 8.17 Bangladeshi Taka (about Rs9.30 and $0.11) per unit. The power will be delivered at the 400kV substation at Muzaffarpur in India. Bangladesh will be responsible for paying the transmission charges for using Indian infrastructure.

 

Related link

Bangladesh passes proposal to import 40MW electricity from Nepal  

The Government of Bangladesh has launched a fully automated trade clearance system, making the submission and issuance of...

Read More


Assam and Bhutan have pledged to strengthen their bilateral tourism ties by collaborating on smoother and more accessible...

Read More


The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) celebrated its 28th Anniversary on 16...

Read More


Nepal began its regular export of electricity to Bangladesh, by sending 40 megawatts (MW) of electricity through India's...

Read More


In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More


Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity,...

Read More


The Adani Group of India and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark...

Read More