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We will proceed with the power purchase and sale agreement process soon: Energy Minister Khadka
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Energy, Water Resources and Irrigation Minister Deepak Khadka has said that a historic tripartite electricity trade agreement will soon be signed between Nepal Electricity Authority, Bangladesh Power Development Board and Electricity Trading Corporation of India. He said that Nepal will use the Indian transmission line to export electricity to Bangladesh during the rainy season, which will open the door to electricity trade between the two countries.
Energy Minister Khadka and Bangladesh Ambassador to Nepal Salahuddin Noman Chaudhary discussed various issues of energy cooperation between Nepal and Bangladesh in a meeting held on Sunday. Energy Minister Khadka mentioned that Bangladesh will assist Nepal in the development of power generation, trade and transmission lines.
He said that the meeting has helped to deepen the cooperation between the two countries as there is a huge potential of hydropower in Nepal and there is an increasing need for energy in Bangladesh.
Khadka expressed confidence that the upcoming meeting of the two countries' secretaries and joint secretaries will be fruitful as various important issues including cooperation in the construction of large hydropower projects, the agreement of the Indian side on the international transmission line and the start of electricity trade will be discussed and decided. Minister Khadka says that if the necessary process for signing a joint venture agreement between Nepal Electricity Authority and Bangladesh Power Development Board for the construction and development of the 680 MW Sunkoshi Reservoir hydropower project goes ahead, the necessary initiative will be taken from the embassy.
Bangladesh's Ambassador Choudhary said that Bangladesh will soon advance the energy cooperation between Nepal and Bangladesh by signing a 40 MW power purchase agreement. Choudhary says that Bangladesh is producing more from less land in the agricultural sector with the latest irrigation method and will provide necessary support to introduce this technology to Nepal.
Even though all matters including the price have been decided to sell 40 megawatts of electricity to Bangladesh, the final agreement has not been reached. Earlier, the date of the agreement was fixed on July 13, but due to the political developments in Bangladesh, the date of the agreement was shifted. According to the Ministry of Energy, since then, the contract is being negotiated to sell electricity in September and sell it in October and November.
प्रकाशित : भाद्र ३१, २०८१ ०६:४७
