Nepal to start exporting 40 MW power to Bangladesh from tomorrow

KATHMANDU, NOVEMBER 14: Nepal has received final approval from India to export electricity to Bangladesh. Starting tomorrow, the Nepal Electricity Authority (NEA) will begin exporting 40 MW of electricity to Bangladesh via India's transmission lines.

On October 3, a trilateral agreement was signed in Kathmandu (between the three countries) for the sale of electricity produced in Nepal to Bangladesh via India. Minister for Energy, Water Resources, and Irrigation Deepak Khadka, State Minister Purna Bahadur Tamang, and Bangladesh’s Interim Minister of Water Resources, Sayeda Rizwana Hasan, witnessed it. The deal was signed by NEA Managing Director Kulman Ghising, CEO of India's NTPC Vidyut Vyapar Nigam (NVVN) Renu Narang, and the Chairman of the Bangladesh Power Development Board (BPDB) Mohammad Rezauul Karim.

With India’s final approval, the NEA is set to begin electricity exports tomorrow. Initially, electricity will be sold to Bangladesh at a rate of 8.17 Bangladeshi Taka (approximately 9.30 Nepali Rupees) per unit.

The NEA will export electricity to Bangladesh for five months during the monsoon season (June 15 to November 15). As per the agreement, a total of 144,000 megawatt-hours of electricity will be exported during this period. The NEA has also announced that it will continue to sell 40 MW of electricity to Bangladesh each monsoon season for the next five years.

 

 

 

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