Bangladesh Set to Purchase 40 MW of Electricity from Nepal, Transmission via India

In a historic move, Nepal is poised to export 40 MW of hydroelectricity to Bangladesh within the next month, marking the first instance of Nepal selling electricity to a third country besides India. This development was confirmed by officials on Tuesday.
The Bangladesh Power Development Board (BPDB) has officially communicated its interest to the Nepal Electricity Authority (NEA), requesting the initiation of a power trade agreement. This letter signifies a crucial step towards finalizing the deal, according to NEA officials.
Kulman Ghising, Managing Director of the NEA, announced that all necessary preparations are underway to commence the export of electricity to Bangladesh, targeting the upcoming monsoon season as the starting point. “We are excited about this opportunity to expand our electricity trade beyond India. This agreement will not only benefit Nepal economically but also strengthen our regional energy cooperation,” Ghising stated.
The electricity transmission will occur via India, necessitating a tripartite agreement among Nepal, India, and Bangladesh. This collaboration underscores the growing regional energy connectivity and the potential for further energy trade among South Asian countries.
The tripartite agreement is expected to be signed soon, paving the way for a new chapter in regional energy trade. This agreement aligns with Nepal’s strategic objective of utilizing its abundant hydroelectric resources to generate revenue and foster economic growth.
As Nepal gears up to export electricity to Bangladesh, it reflects a significant milestone in the country’s energy sector, showcasing its capability to meet international energy demands. This move is anticipated to bolster Nepal’s economy and enhance its standing as a key player in the regional energy market.