Bangladesh Cabinet Approves Proposals to Import More Energy from India, Build Railway

12 April 2018

The Government of Bangladesh's Cabinet Committee on Purchase approved a proposal to import 500 megawatts (MW) of electricity from India from June 2018 to May 2033 to help meet the country's energy demand.

Two companies, NTPC Vidyut Vyapar Nigam (NVVN) and PTC India, will export the 500 MW electricity to Bangladesh. NVVN will export 300 MW to Bangladesh at a cost of $0.0566 (Tk 4.7148) kilowatt per hour (kW/h) from June 2018 to 31 December 2019, and $0.0779 (Tk 6.4891) kw/h from 1 January 2020 to 31 May 2033. PTC India will supply the remaining 200 MW of electricity for $0.0584 (Tk 4.8647) kW/h from June 2018 to 31 December 2019, and $0.0786 (Tk 6.5474) kW/h from 1 January 2020 to 31 May 2033.

The 500 MW energy trade contract between the Governments of Bangladesh and India from 2013 is set to expire in June. Plans to purchase more electricity from India is underway.

The Cabinet Committee on Purchase also cleared a proposal appointing Texmaco Rail and Engineering from India to build the dual gauge rail line from Akhaura (Bangladesh) to Agartala (India) for Bangladesh Railway for around $29 million (Tk 2.41 billion). Total project cost is around $57 million (Tk 4.78 billion), and is expected to increase trade between Bangladesh and India.

 

Related Link:

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