Nepal begins electricity export to Bangladesh
Kathmandu / Nov 15: Nepal has formally begun exporting electricity to Bangladesh.
Nepal’s Energy, Water Resources and Irrigation Minister Deepak Khadka, India’s Electricity Minister Manohar Lal Khattar, and Bangladesh’s Electricity, Energy and Mining Ministry Advisor Mohammad Fouzul Kabir Khan jointly inaugurated the export of electricity formally by switching on the supply button virtually on Friday.
A tripartite agreement was reached among high level officials of Nepal, India and Bangladesh on October 3 regarding power trade. The agreement was signed by Executive Director of NEA, Kulman Ghising, on behalf of Nepal.
The Central Electricity Authority of India had on Thursday given permission to export 40 MW power, including the 18.60 MW power produced from Trishuli Hydropower Project and the 20.40 MW power generated from Chilime Hydropower Project, to Bangladesh.
India’s Central Electricity Authority has given permission for exporting 40 MW electricity to Bangladesh until October 2, 2029.
Nepal Electricity Authority (NEA) will export 40 MW power to Bangladesh for six months in the monsoon season from June 15 to November 15 each year. NEA will sell the electricity to Bangladesh in US dollars.
NEA will get 6.40 cents per unit electricity (Rs 8.62 as per the foreign currency exchange rate on Friday). NEA earned USD 28,160 by exporting power to Bangladesh for 11 hours and 30 minutes on Friday. RSS