A Nepalese hydropower company has recently proposed the government to supply 688MW of electricity to Bangladesh.
The newly formed firm --Betan Karnali Sanchayakarta Hydropower Company Ltd -- proposed the government to supply the electricity under public private partnership (PPP) initiative, said officials concerned.The Power Division of Bangladesh is now negotiating tariff with Indian GRM Group for import of 500MW of electricity from Nepalese Upper Karnali Hydropower Project.
Deepak Rauniar, Managing Director of Betan Karnali Sanchayakarta Hydropower Company Ltd, informed the Power Division that they are working to finilise the design of 442MW plant with a total energy of 2318GWh based on the ground geotechnical and other conditions.
“Now we are fixing a target to enter construction by the second quarter of 2020 with a construction completion and generation target by the first quarter of 2025,” he informed the power division considering present bilateral power sector cooperation between Dhaka and Katmandhu.
In February, 2019, Indian GRM Group has proposed a costly tariff of Tk 8.88 (10.58 US cents) from a Nepalese hydroelectricity project.
Currently, Bangladesh import 1000MW of electricity at a tariff of Tk 5.54 per unit (minimum Tk 4.85 and maximum Tk 7.70). Bangladesh Power Division officials asked the Indian company to review the tariff.
GRM Group has already signed a non-binding memorandum of understanding to supply 500MW of electricity to Bangladesh from Nepalese Upper Karnali Hydropower Project.