Bangladesh inks landmark deal with Nepal, India to import 40MW electricity in Jun-Nov

Bangladesh will import 40MW of electricity from Nepal by India for five months all around the interval of June-November.

The worldwide locations signed a landmark tripartite settlement in this regard, marking a chief step in regional energy cooperation, reads a press statement issued by the Ministry of Atmosphere, Woodland, Climate Change, and Water Sources this day (3 October).

The Bangladesh Energy Model Board (BPDB), Nepal Electrical energy Authority (NEA), and NTPC Vidyut Vyapar Nigam Restricted (NVVN) of India signed the tripartite energy gross sales settlement at a ceremony in a Kathmandu hotel.

Syeda Rizwana Hassan, atmosphere adviser, modified into once new on the occasion.

Below this settlement, 40 MW of electricity will jog on the side of the lope from Nepal to Bangladesh by India for five months from June to November.

The click statement, alternatively, did not interpret for the manner decades will the deal attach efficient.

The ceremony modified into once also attended by Nepal’s Energy, Water Sources, and Irrigation Minister Deepak Khadka, Bangladesh’s Water Sources Secretary Nazmul Ahsan, and Nepal’s Ambassador to Bangladesh Ghanshyam Bhandari.

Talking on the occasion, Rizwana emphasised that this settlement marks a chief step forward in expanding regional energy swap. “Right here’s no longer correct about assembly our instantaneous energy wants, nonetheless also about ensuring the long-interval of time energy security of our worldwide locations in an environmentally friendly manner.”

Earlier, she met with Nepal’s Prime Minister KP Sharma Oli on the Singha Darbar, where they mentioned matters of bilateral ardour.