Rapid Fire
Nepal-Bangladesh Power Transfer via India
- 18 Nov 2024
- 2 min read
Nepal started exporting electricity to Bangladesh using India’s electricity grid, marking a significant milestone in regional energy cooperation.
- Tri-nation Agreement: The power transfer is a result of a tripartite power sales agreement between National Thermal Power Corporation (NTPC) Vidyut Vyapar Nigam, Nepal Electricity Authority (NEA), and Bangladesh Power Development Board (BPDB), signed in October 2023.
- Electricity Crisis in Bangladesh: Bangladesh is facing an electricity crisis, the export of 40 MW of Nepalese hydroelectric power to Bangladesh through the Indian grid aims to address Bangladesh’s electricity shortage.
- NVVN: NTPC Vidyut Vyapar Nigam (NVVN) Ltd, a wholly owned subsidiary of NTPC Ltd, was formed in 2002 to tap into India's power trading potential. It holds the highest Category 'I' power trading licence as per Central Electricity Regulatory Commission regulations.
- NVVN is diversifying into renewables, e-mobility, waste-to-green fuel conversion, and providing comprehensive business solutions across the power value chain, in addition to trading in gypsum.
- NTPC: NTPC, a Central Public Sector Undertaking (PSU) under the Ministry of Power, established in 1975 to accelerate power development in the country.
- NTPC became a Maharatna company in May 2010 and is headquartered in New Delhi.
Read more: Power Markets in India
