Bangladesh started receiving Nepal’s electrical exports

INN/Kathmandu, @Infodeaofficial

Marching towards sub-regional energy cooperation, Nepal has begun exporting electricity to Bangladesh through Indian transmission infrastructure. The export of 40 megawatts (MW) of electricity follows the historic trilateral agreement signed on October 3 between the Nepal Electricity Authority (NEA), Bangladesh Power Development Board (BPDB), and India’s NTPC Vidyut Vyapar Nigam (NVVN).

This agreement facilitates the transmission of Nepal’s hydroelectricity to Bangladesh through India’s cross-border grid. Nepal will transmit the electricity through the 400KV Dhalkebar-Muzaffarpur line in India, which will relay the power to Bangladesh. The export that started Friday afternoon will last only until Friday midnight. The two sides have agreed to trade energy during the period from June 15 to mid-November.

The three countries agreed to export at least for a day so as to start the implementation of the tripartite agreement from this season. NEA estimates an annual revenue of approximately Rs330 million from the agreement. For Nepal, this is the first instance of exporting electricity to third country and earning payment in dollars.