Bangladesh will soon receive power from India, project in last stages
Bangladesh is set to receive 40 megawatts of power from Nepal via the Indian grid. The agreement aligns with India’s revised cross-border electricity policy, significantly boosting regional cooperation and economic ties. Further expansion aims to ...
“The first such transaction with Bangladesh is in its final stages, with the agreement already signed, this trade is poised to become Nepal’s largest export over the next 5 to 7 years,” Srivastava highlighted. He was speaking on ‘India's Neighbourhood First Policy Operations’ concerning Bhutan and Nepal, at an event organized by Synergia, a Bengaluru-based think tank.
The former MEA spokesperson noted that over the past three years significant progress has been achieved between India and Nepal making the power collaboration “one of the most critical developments in the economic relationship between the two countries.”
Srivastava reiterated that starting from zero megawatts just three years ago, the country has now reached 1,000 megawatts. “With a newly signed agreement, we are well on our way to scaling this up to 10,000 megawatts in the coming years.”
Discussing future plans, he noted that the Indian investments in power generation in the neighbouring country have now reached twice the installed capacity, signalling a robust energy partnership. “We are also enhancing transmission capacity to facilitate the export of this power.”
Speaking about trade infrastructure along the 1,751 km Nepal border and the 699 km Bhutan border, Srivastava noted that the Indian government has ramped up efforts to establish “one-stop shops,” which are multimodal connectivity points that have led to a significant boost in trade. “Along the Nepal border, the next set of three Integrated Check Posts (ICPs) is currently under development. For the India-Bhutan border, we are planning the first set of ICPs,” he said.
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