India has reportedly sanctioned to provide 20% more electricity to Bangladesh as a result of the renewed agreement of the contract for another five years as per the officials.
India was previously supplying 160 mw of power at a mutually agreed price, under the power trading agreement which was inked on January 11, 2010. The agreement had expired on March 16, 2021.
Tripura State Electricity Corporation Limited (TSECL) has thus received an approval to now provide 192 mw (at an increment of 32 mw) of power to Bangladesh as part of the renewed deal.
To officialise the agreement, India was represented by TSECL, MD, MS Kele along with NTPC Vidyut Vyapar Nigam Ltd. CEO, Praveen Saxena, and Bangladesh by its Power Secretary and Director of Bangladesh Power Development Board (BPDB).
The designatories signed the agreement in Dhaka on December 2nd, 2021. This was further followed by another four meetings so as to comprehensively discuss the modified terms between all stakeholders before finalising.
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