Energy & PowerNews

Tripartite deal inked to bring 40-MW power from Nepal to Bangladesh

Md. Nasrullah, Peninfo: Bangladesh, Nepal, and India have inked a tripartite agreement to enable the flow of 40 megawatts (MW) of electricity from Nepal to Bangladesh, which is a significant development for regional energy collaboration.

Syeda Rizwana Hassan, Bangladesh’s adviser on environment, forests, climate change, and water resources, as well as energy officials from the participating nations, attended the ceremony in a Kathmandu hotel to officially signify the agreement. Bangladesh Power Development Board (BPDB), Nepal Electricity Authority (NEA), and NTPC Vidyut Vyapar Nigam Limited (NVVN) of India signed the tripartite power sales agreement.

Under this agreement, 40 MW of electricity will flow from Nepal to Bangladesh via India for five months from June to November. This collaboration intends to assist Bangladesh’s increasing energy needs.

In her address, Interim gov. Adviser Syeda Rizwana Hassan emphasized that this agreement marks a significant step forward in expanding 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.

The ceremony was also attended by 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.

Deepak Khadka, Nepal’s Energy, Water Resources, and Irrigation Minister; Nazmul Ahsan, Bangladesh’s Water Resources Secretary; and Ghanshyam Bhandari, Nepal’s Ambassador to Bangladesh, also attended the ceremony on Thursday, October 03, 2024.

Peninfo/MN/05.10.24/01.05pm

Related posts

Bangladesh Highlights Adequate and quality Climate Finance at COP29 Press Conference

P@admin

Jamaica signs MoU to advance nuclear adoption

P@admin

IAEA delegation headed by DG visits Kursk Nuclear Power Plant in Russia

P@admin

Russia’s 70 MW FNPP can power a city with 1 lakh residents

P@admin

European solar sector issues yellow card as market data reveals 92 percent growth decline and investment slump

P@admin

New reactor could make direct air capture more energy-efficient

P@admin