Govt to extend power import deal with Indian firm

Staff Correspondent

3 September, 2018 12:00 AM printer

The government has decided to extend the tenure of the power import deal (250MW) with PTC India Ltd for another three months.

Power import from the Indian company continued without any official extension of the deal that expired in July this year. Both India and Bangladesh recently agreed to officially extend the tenure of the deal for another three months to allow the finalisation of a long-term power import deal with the Indian company.

A 14-member high powered committee will sit on next Tuesday in this regard.

“We are expecting to import electricity at a tariff of Tk 4.69 per unit under the short-term deal. But the tariff would be Tk 6.17 per unit under a long-term deal with the Indian firm,” an official concerned said. 

The government is planning to import 500MW of electricity from India under short and long-term deals at a cost of Tk 41,579 crore from June 1, 2018 to May 31, 2033.

Power Cell director general Mohammed Hossain said Bangladesh is planning to import 9,000MW of electricity by 2041 under PSMP-2016 as part of the regional cooperation. 

Bangladesh is now importing 500MW of electricity through Bheramara-Baharampur interconnection and 160MW through Tripura-Cumilla cross-border electrical grid.

Besides, upgradation of the Bheramara interconnection is underway for importing additional 500mw, 2nd Bheramara-Baharampur interconnection for 1000MW and Tripura-Cumilla interconnection for importing additional 500MW of electricity from India.

The prime ministers of Bangladesh and India are likely to inaugurate the second Indo-Bangla gridline on September 10, 2018 that will facilitate import of additional 500MW of electricity from India.

The implementation of a joint-venture hydropower project to generate 1125mw electricity in Bhutan and the upgradation of Katihar-Parbotipur/Barapukuria-Bornagar 765 KV interconnection is also in progress, officials said.