Kathmandu – The Nepal government has started the final process of exporting 40 megawatts of electricity to Bangladesh from the coming monsoon.

The Economic Affairs Committee of the Bangladesh Council of Ministers decided to purchase 40 megawatts of electricity from Nepal on last December. According to the said decision, Bangladesh had sent a letter to Nepal to send a proposal for sale by prioritizing the price. After the correspondence from Bangladesh, the official of Nepal Electricity Authority has gone to Bangladesh with the tariff rate.”Bangladesh will send a reply based on our proposal,” Energy, Water Resources and Irrigation Minister Shakti Bahadur Basnet said.

Kulman Ghisingh, Executive Director of Electricity Authority, said that since the business is going to be done with Bangladesh for the first time, the reasonable price has been offered. “We have sent a proposal that is close to the rate we are doing with India,” he said. Ghising says that an engineer from the Electricity Trade Department sent from Nepal will register the sealed file with the price in the Power Development Board of Bangladesh within 4 days. If something has to be arranged, we will arrange it, otherwise there will be an agreement,” he said.

Bangladesh will take Nepal’s electricity using Indian transmission lines. In the Nepal-India secretary level meeting held last February, India has already said that it will send the name of the project and allow it. According to the authority, the power trading with Bangladesh will be done through the Indian power trading company NTPC Vidyut Vyar Nigam. Ghisingh, executive director of the authority, said that the necessary understanding for a tripartite agreement has been reached with NTPC Electricity Trading Corporation, Nepal Electricity Authority and Power Development Board of Bangladesh.

‘After the tripartite agreement, Nepal will export electricity to Bangladesh via India,’ he said, ‘Barring any unforeseen circumstances, Nepal’s electricity will reach Bangladesh from the coming monsoon.’
Electricity will be sold to Bangladesh by paying a ‘billing charge’ to India. The fee paid for using the transmission line is the ‘Billing Charge and the billing charge will be paid by Bangladesh. Recently, a long-term electricity trade agreement has been signed with India to export 10,000 megawatts of electricity in 10 years.