Bangladesh will soon sign a tripartite agreement with Nepal and India to import 500-MW (megawatts) electricity from the Himalayan country.
The secretary-level steering committee third meeting between Bangladesh and Nepal disclosed it on Tuesday. It said the preparation to sign the deal is now at the final stage.
“We are in final stage to sign the deal with Indian GMR Group and NVVN to import 500MW Upper Karnali Hydropower electricity,” Bangladesh delegation informed its Nepalese counterpart.
Nepal proposed to supply 200MW of electricity to Bangladesh through existing transmission line between Bangladesh and India.
Both sides have expressed their satisfaction over the progress of the joint steering committee meeting.
They said both sides can exchange electricity considering seasonal requirement.
Nepalese government has already identified five different hydroelectricity prospects.
During the meeting, Bangladesh and Nepalese officials also discussed about the exchange of knowledge, idea and skilled in expansion of renewable energy sector.
Bangladesh has shared the success story of solar home system and net metering at the meeting.
Both sides also discussed to sign a memorandum of understanding (MoU) between Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh and Alternative Energy Promotion Centre of Nepal to exchange technical knowhow between the two SAARC nations.
The fourth meeting of steering committee will be held on March/April, 2022 in Nepal.