Although Nepal has to export 1 to 40 megawatts of electricity next June, Bangladesh has not opened the Letter of Acceptance (LC) until the end of May. Therefore, there is confusion whether electricity export will start after 6 days.

Bangladesh Power Development Board (BPDB) in Bangladesh has not yet paid the arrears of electricity exported by Nepal on November 15 of last year. Rajan Dhakal, spokesperson of Nepal Electricity Authority, said that electricity will be exported from June 15 this year as per the agreement.

On November 15, 2024, Nepal's Energy, Water Resources and Irrigation Minister Deepak Khadka, India's Electricity Minister Manohar Lal and Bangladesh's Ministry of Electricity, Energy and Minerals Advisor Mohammad Fozul Kavir Khan jointly inaugurated electricity export through virtual method. According to authority sources, 470,000 units of electricity were sold on that day. Sources of the authority said that the income was 30 thousand 80 dollars. But till now BPDB has not paid the said amount.

An agreement was reached between Nepal, India and Bangladesh on October 17, 2081 to sell electricity for 5 months of every rainy season, i.e. from June 15 to November 15 of every year. But Dhakal, the authority's spokesperson, said that last year's payment was not made because the LC process was not done because there was confusion about whether or not electricity would be exported in 2025. 

"Last year, electricity was exported from 12:00 noon to 12:00 p.m. on the last day amidst the confusion of whether or not electricity will be exported," he said, "That's why the process of LC did not start last year." There was no talk of opening a 6 month LC to make one day payments. Dhakal says that since they asked that they will send it at once next year, we agreed.

BPDB has sent the draft of the LC and has sent some 'comments' on it, so the process of opening the LC has reached the final stage. "LC is a guarantee of payment, when opening LC, we have to keep three months' money to pay us," he said, "LC will be opened soon. Electricity is also exported.

Previously, electricity was traded only between Nepal and India, but since 2024, Nepal's electricity has expanded to third countries as well. The electricity produced in Nepal has reached Bangladesh through the transmission system of India. Electricity has reached India's Muzaffarpur substation through the first international Dhalkebar-Muzaffarpur 400 kV transmission line between Nepal and India. Then from Muzaffarpur substation, the electricity will reach Bangladesh through India-Bangladesh transmission line through Behrampur (India)-Bhedamara (Bangladesh) 400 kV transmission line.

The Central Electricity Authority under the Ministry of Electricity of India has approved the export of 40 megawatts of electricity produced by the Trishuli and Chilime hydropower projects to Bangladesh at 18.60 and 21.40 respectively. The Central Electricity Authority has approved the export of 40 MW electricity generated from the two projects to Bangladesh till October 2, 2029. Both these projects have received approval for power export in India.

The authority has said that it will sell 40 megawatts of electricity to Bangladesh in US dollars for five years during the rainy season. According to the authority, electricity trade between Nepal and Bangladesh is in dollars. An agreement has been reached that the authority will get 6.40 US cents per unit by selling electricity to Bangladesh. The authority will get the price of electricity exported to Bangladesh at the Muzaffarpur point in India. Technical leakage of transmission line from Dhalkebar to Muzaffarpur will be borne by the Authority.

The Authority has said that Bangladesh will bear all the taxes and fees including the transmission line fee, leakage, NVVN, trading margin taken by India after the Muzaffarpur point. A tripartite power sale agreement was signed between the Nepal Electricity Authority, India's NTPC Electricity Trading Corporation (NVVN) and Bangladesh's BPDB to transport 40 MW of electricity from Nepal to Bangladesh using the Indian transmission grid.

After the tripartite power sale agreement, the authority sent the list of projects for Bangladesh electricity export approval to the Central Electricity Authority of India on October 23. Export of electricity has been started after approval by the Central Electricity Authority of India.

According to the provisions of the law, on 16th December 2080, BPDB called for a tender for the purchase of 40 megawatts of electricity produced in Nepal for a period of five years as per the tripartite agreement between the entities of Bangladesh, India and Nepal.