Nepal has begun exporting 40 megawatts of electricity to Bangladesh through an Indian transmission line. Nepal, India and Bangladesh signed a trilateral agreement on Oct. 3, 2024, to export electricity produced by Nepal to Bangladesh via the Indian transmission line.
A Nepalese official said the export of electricity to Bangladesh has started from Saturday midnight.
As per the agreement, Nepal will export 40 MW of electricity from June 15 to Nov. 15. The electricity will be transmitted to Bangladesh via India's 400-kV Muzaffarpur-Baharampur-Bheramara transmission line.
Last year, Nepal exported electricity to Bangladesh on Nov. 15, for a single day, as a token to implement the agreement.
As per the bilateral agreement reached between Nepal and Bangladesh, Nepal will charge 6.4 US cents per unit of electricity.
Bangladesh has agreed to import electricity from Nepal for the next five years.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.