KATHMANDU: Bangladesh has decided to procure 500 megawatts electricity from Upper Karnali Hydropower Project.
Bangladeshi government is purchasing 500 megawatts from 900-megawatt Upper Karnali Hydro-power project being constructed by an Indian company Grandhi Mallikarjuna Rao (GMR).
According to KK Sharma, chief of GMR Construction Project, Bangladesh will procure the electricity through the Indian Power Trading Company NVVN for 7.7 cent per unit.
Public Procurement Committee of the Council of Ministers of Bangladesh has already approved the decision to procure the electricity. It will remain effective until 25 years following the decision.
With the decision, Nepal’s electricity will reach Bangladesh via India through the transmission lines.
Nepal will get 108 megawatts electricity free of cost of the remaining 400 megawatts as per the deal.
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