Pranab thanks Bangladesh

Indian President Pranab Mukherjee

Indian President Pranab Mukherjee has thanked the president, prime minister and the government of Bangladesh for their support in making a power plant project possible in Tripura.

He called for increased cooperation between India and Bangladesh in power sector. He said it was a much awaited and proud moment for all stakeholders. He lauded the efforts of those associated with this important venture, says a press release issued by the Indian high commission in Dhaka.

The Indian leader was addressing a function organised to inaugurate the first unit of 726 MW gas-based power plant at Palatana in Tripura on Friday.

The president said nature has bestowed Tripura with abundant natural gas. This power project by ONGC-Tripura Power Company in a land locked, logistically challenged and difficult terrain is an important feat.

"It would pave the way for effective utilization of discovered gas," he said expressing hope that this power plant would meet the requirements of power deficient states in the region and open up avenues for industrialization in Tripura.

The President pointed out that the power project not only constituted the largest investment in the North East but it was also the largest project in the world registered under the Clean Development Mechanism of the UNFCC. It would earn India over a million of carbon credits.