Bangladesh invites Nepal to finalize 40 MW electricity trade, export to begin soon « Khabarhub
Wednesday, July 24th, 2024

Bangladesh invites Nepal to finalize 40 MW electricity trade, export to begin soon


09 July 2024  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The Bangladesh Power Development Board has invited Nepal to finalize a trade agreement for 40 megawatts of electricity.

The board has sent a letter to the Nepal Electricity Authority (NEA) to this effect.

If the deal is finalized, Bangladesh will import 40 megawatts of electricity produced in Nepal during the monsoon season for six months each year.

According to NEA Executive Director Kulman Ghising, all procedures have been completed, and the export of electricity to Bangladesh can begin within this year.

Under the agreement, Nepal will export 40 megawatts of electricity to Bangladesh annually from June 15 to November 15 for the next five years.

The NEA expects to receive 6.40 cents per unit once the export begins.

Publish Date : 09 July 2024 13:41 PM

Secret Service director steps down after assassination attempt against Trump

WASHINGTON DC: The Director of the Secret Service resigned in

Economic Digest: Nepal’s Business News in a Snap

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of

Bahadur Singh Lama taking oath as Bagmati CM today

KATHMANDU: Bahadur Singh Lama, the newly appointed Chief Minister of

Weather: Moderate rain expected today

KATHMANDU: Light to moderate rain is expected in several provinces

Today’s foreign currency exchange rates

KATHMANDU: The Nepal Rastra Bank (NRB) has fixed the foreign