India to supply 20% more power Bangladesh
India and Bangladesh inked an agreement on 11 January, 2010 for power trading at a mutually agreed price. The agreement had expired on 16 March , 2021, officials said.
India will supply 20% more power to Bangladesh as the two countries renewed the contract for another five years, Indian officials said on Sunday.
Tripura State Electricity Corporation Limited (TSECL) will supply 192 mw power to Bangladesh, an increase from the earlier 160 mw it supplied, as per the renewed agreement, reports The Indian Business Standard.
India and Bangladesh inked an agreement on 11 January, 2010 for power trading at a mutually agreed price. The agreement had expired on March 16, 2021, officials said.
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TSECL MD MS Kele and NTPC Vidyut Vyapar Nigam Ltd CEO Praveen Saxena represented India and signed the renewal agreement in Dhaka on 2 December.
Bangladesh was represented by its Power Secretary and Director of Bangladesh Power Development Board (BPDB).
The new agreement came into effect from 17 March, 2021 and would be in force till 16 March, 2026, officials said.
The modified terms and conditions of the agreement were finalised after four meetings between the stakeholders, they said.
