Bangladesh ready for agreement to purchase 40MW electricity from Nepal

Kathmandu / July 9: Bangladesh Power Development Board (BPDB) of Bangladesh has written to Nepal Electricity Authority (NEA) expressing its readiness for an agreement to purchase 40MW of electricity generated in Nepal.

In its letter to NEA, BPDB mentioned that the bid presented by the NEA about selling 40MW of electricity for six months in rainy season was approved by the concerned authority and that it was ready for the agreement with the NEA to purchase the electricity.

Now, the NEA has to notify BPDB about the acceptance of the letter of interest sent by the latter. Then after, BPDB will forward draft of agreement, following which the agreement should be inked within 28 days.

Executive Director of NEA, Kulman Ghising, informed that all processes were completed with a view to exporting electricity to Bangladesh from this rainy season, and that a tripartite agreement among concerned authorities of Nepal, India and Bangladesh will be signed soon for this.