June 23, 2024
2 mins read

Nepal to export 40 MW power to Bangladesh through Indian grid

Significant agreements encompassing connectivity, commerce and power sector were signed during the visit of Sheikh Hasina to India….reports Asian Lite News

India and Bangladesh on Saturday agreed to continue to expand their power and energy collaboration and together develop intra-regional electricity trade, including of competitively-priced power generated from clean energy projects in India, Nepal and Bhutan, through the Indian electricity grid.

Significant agreements encompassing connectivity, commerce and power sector were signed during the visit of Sheikh Hasina to India.

An announcement was made about the commencement of the export of 40 MW of power from Nepal to Bangladesh through the Indian grid.

Narendra Modi and his Bangladesh counterpart Sheikh Hasina, who held a bilateral meeting on Saturday, articulated their shared vision for peace, prosperity and development of the two neighbours and the entire region driven by connectivity, commerce and collaboration.

As part of sub-regional connectivity initiatives, India will extend transit facilities for the movement of Bangladesh goods to Nepal and Bhutan through the railway network.

“We are committed to early operationalization of the BBIN Motor Vehicle Agreement to promote sub-regional connectivity. In this context, we welcome a new MOU on Railway Connectivity as well as the decision to commence goods-train service from Gede-Darshana through Chilahati-Haldibari up to Hasimara via Dalgaon railhead (as and when operationalized) at the India-Bhutan border,” the vision document said.

“We will continue to expand our power and energy collaboration and together develop intra-regional electricity trade, including of competitively-priced power generated from clean energy projects in India, Nepal and Bhutan, through the Indian electricity grid. To this end, we will expedite the construction of 765 kV high-capacity interconnection between Katihar-Parbatipur-Bornagar with suitable Indian financial assistance, to act as the anchor for our grid connectivity,” it added.

India will start an e-medical visa facility for Bangladesh nationals coming to India for medical treatment.

India also decided to open a new consulate in Rangpur, Bangladesh, to facilitate services for people in the northwest region of the country.

The two neighbouring countries have started trading in Indian rupees.

During the visit of Bangladesh PM, the two countries signed 10 Memorandum of Understandings (MoUs) or vision documents and made several announcements.

Sheikh Hasina is the first leader on state visit to India after the formation of the Modi 3.0 government. She had visited India earlier this month to take part in the swearing-in ceremony of Modi. (ANI)

ALSO READ: World Bank approves $900m financing for Bangladesh

Previous Story

Modi, Hasina outline shared vision for future

Next Story

Congress objects to choice of pro tem Speaker

Latest from -Top News

Pak-Afghan Tensions Escalate Over Strikes

The airstrikes by Pakistani fighter jets on parts of Barmal district in Paktika province was the second instance in 2024 of Islamabad directly hitting “civilian areas” on Afghan territory…reports Asian Lite News

India Condemns Pak’s Blame Tactics

The airstrikes by Pakistani fighter jets on parts of Barmal district in Paktika province was the second instance in 2024 of Islamabad directly hitting “civilian areas” on Afghan territory….reports Asian Lite News

Blinken: US Sent Weapons to Ukraine Early

The Kremlin has repeatedly criticised Western arms shipments to Ukraine, claiming they escalate the conflict, obstruct peace efforts, and drag NATO members into direct involvement…reports Asian Lite News US Secretary of State

Iran, Saudi Pledge Stronger Ties

Rahimi on Sunday expressed satisfaction with the resumption of friendly relations between the two countries since 2023…reports Asian Lite News Iranian Justice Minister Amin-Hossein Rahimi held a meeting with Saudi Ambassador to
Go toTop

Don't Miss

India, Denmark agree to boost ties

Jaishankar stated that he and Danish FM exchanged views on

Films reflect India’s soft power: Amitabh Kant

Aligned with India’s presidency theme, “Vasudhaiva Kutumbakam” (One Earth, One