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Dhaka Thursday,  Apr 18, 2024

BD finalizing import 500 MW from Nepal

The government is on its way to import 500 MW of hydro-electricity from Nepal through Indian GMR Energy. The tariff rate for this purchase is set to 7.72 cents per kilowatt-hour.

State Minister Nasrul Hamid confirmed the power import from Nepal while presenting a keynote at the “power summit” in Kathmandu on Thursday. He said that the government is at the final stage of the power import from Nepal. The information was also iterated by a press release issued by the power and energy ministry on Thursday.

Nepalese Karnali Hydropower will be exporting the power to Bangladesh through GMR Energy of India. In this regard, Bangladesh and Indian company GMR group have already reached an understanding, claimed related sources.

Once the power import is materialized, Nepal will be the second country to import power from. Bangladesh is currently importing 1,160MW of electricity from neighbouring India at varying rates, mostly at 7.79 cents per kilowatt-hour.

While addressing at the summit in Nepal, Nasrul Hamid also offered the two Himalayan nations- Nepal and Bhutan to import power from Bangladesh during the winter. He said, “Nepal and Bhutan also could import power from Bangladesh during the winter because electricity demand in Bangladesh is usually less during the season. On the other hand, power demand is increased in Nepal and Bhutan during the winter,” he said. The state minister said cooperation for power and energy in Indian’s seven sisters’ states could be extended. Nasrul Hamid also asserted on the regional cooperation in the South Asian region.

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