India to provide 20% more electricity to Bangladesh
India will provide 20 percent more electricity to Bangladesh under a renewed bilateral contract -- for five more years, officials said today.
Tripura State Electricity Corporation Limited (TSECL) will supply 192MW power to Bangladesh, up from 160MW it supplied earlier, as per the renewed agreement, reports our New Delhi correspondent.
India and Bangladesh had signed an agreement on January 11, 2010 for power trading at a mutually agreed price. The agreement had expired on March 16, 2021, the officials said.
TSECL Managing Director MS Kele and NTPC Vidyut Vyapar Nigam Ltd CEO Praveen Saxena represented India and signed the renewal agreement in Dhaka on December 2.
Bangladesh was represented by its Power Secretary and Director of Bangladesh Power Development Board (BPDB).
The new agreement came into effect from March 17, 2021 and would be in force till March 16, 2026, according to the officials.
The modified terms and conditions of the agreement were finalised after four meetings between the stakeholders, they said.
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