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Bangladesh signs landmark tripartite deal with India and Nepal to import 40 MW electricity

Photo: UNB.

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Under the agreement, Bangladesh will receive 40 MW of electricity from Nepal via India for five months, from June to November

UNB

Publisted at 9:00 PM, Thu Oct 3rd, 2024

Bangladesh has signed a landmark tripartite agreement with India and Nepal to import 40 MW of electricity from Nepal, marking a significant step in regional energy cooperation.

Under the agreement, Bangladesh will receive 40 MW of electricity from Nepal via India for five months, from June to November. The tripartite power sales agreement was signed at a ceremony held in Kathmandu, Nepal’s capital.

Syeda Rizwana Hassan, Bangladesh's Adviser for Environment, Forest, Climate Change, and Water Resources, witnessed the signing of the deal, which was formalized by the Bangladesh Power Development Board (BPDB), the Nepal Electricity Authority (NEA), and NTPC Vidyut Vyapar Nigam Limited (NVVN) of India.

The event was attended by several dignitaries, including 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.

In her remarks at the ceremony, Syeda Rizwana Hassan highlighted the importance of the agreement in advancing 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,” she said.

 
Earlier in the day, the Environment Adviser met with Nepal’s Prime Minister KP Sharma Oli at the Singha Durbar, where they discussed matters of bilateral interest, including energy cooperation.

Syeda Rizwana Hassan is currently on a two-day visit to Nepal to oversee the signing of this historic agreement, which represents a key milestone in strengthening energy ties between Bangladesh, Nepal, and India.

 

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