Power deals by next month

The Joint Working Group meeting between Bangladesh and India on cooperation in power sector concluded here yesterday with two sides agreeing on a broad-based principle to cooperate with each other in the power sector.
The joint secretary-level meeting, second after the first held in Dhaka in February, reviewed the progress made on various fields in the power sector, official sources said.
The two sides also agreed to finalise the memorandum of understanding between the National Thermal Power Company (NTPC) and Bangladesh Power Development Board (BPDB) for respective areas of cooperation by early July and the two sides are expected to sign when the Indian delegation visits Dhaka.
The MoU covering different areas of cooperation was initialled in Dhaka in February.
While reviewing the progress of feasibility study of coal-based power plant on a nomination basis, the Indian side has requested Bangladesh to finalise an agreement within two weeks for appointment of consultant.
The officials also reviewed the progress of establishment of a coal-based power plant on joint venture between NTPC and BPDB. The NTPC has sent a 'Term Sheet' for joint venture agreement and it would be finalised when MoU is signed, sources said.
In connection with the technical assessment of old power stations for efficiency, improvement and renovation and modernisation, the BPDB has already furnished the details for Ghorasal power station, official sources said.
The two sides are likely to sign the “Bulk Power Tariff Agreement” in July when an Indian delegation visits Dhaka. The Power Grid Corporation of Bangladesh and the Power Grid Corporation of India Limited earlier signed an agreement to construct electrical interconnection between Bheramara, Bangladesh and Baharampur India.
The Bangladesh side felt that preparation and finalisation of Power Purchase Agreement for purchasing 250-megawatt power from India need to be stated soon.
Mofazzel Hossain, Joint Secretary, Power Division, of the Ministry of Power, Energy and Mineral Resources, led the Bangladesh side while Dr M Ravi Kant, Joint Secretary of Power Ministry, led the Indian team.