Finance
Electricity Import Bangladesh is on the way to buy electricity from Nepal
Own Correspondent, Dhaka, 26 February 2024: Nepal is a bit worried about the agreement that the government of Bangladesh made with Nepal and India last year to purchase electricity from Nepal. The main reason for this concern is the bargaining of the officials of Bangladesh with the officials of the country regarding the price of electricity.
Officials of Nepal Electricity Authority (NEA), Nepal's power generation and marketing authority, confirmed this information to Nepal's national daily, The Kathmandu Post. An official of NEA told the Kathmandu Post, "We asked for the price that we thought was reasonable. We have not yet agreed to the price that Bangladesh has proposed. They (Bangladeshi officials) have said that they will discuss this matter with their higher authorities and give a decision.
In May last year, the government of Bangladesh signed a 5-year contract with the Nepal Electricity Authority and India's thermal power generation and marketing company NTPC Vidyut Bihar Nigam (NVVN). Under the terms of that agreement, Nepal will send 40 MW of electricity to Bangladesh every year through the Indian border. The electricity will reach Bangladesh through the line or cable from Dhalkebar-Muzaffarpur on the Indo-Nepal border through Bhermara of Kushtia district. The contract price per unit is 9.30 Nepali rupees or 7.68 taka in Bangladeshi currency.
Electricity supply is scheduled to start from next June. In the meantime, an NEA official confirmed to The Kathmandu Post that the Bangladesh government has proposed to charge 5 Nepalese rupees per unit of electricity.
