Kathmandu, Nov.15: The 40 megawatts of electricity is being imported for the first time to Bangladesh. 

Nepal, India, and Bangladesh signed a trilateral agreement to trade 40 megawatts of electricity on October 3. 

According to the Nepal Electricity Authority, since an agreement was signed between Nepal, India, and Bangladesh on October, 3, Bangladesh is going to export electricity for only one day on November 15 this year.

Rajan Dhakal, Director, of the transmission directorate at Nepal Electricity Authority (NEA), said that since it is taking time to arrange the approval and other procedures of the hydropower project proposed by Nepal for export to India, this year only one-time electricity is being exported. 

He said, “We are going to export electricity even if it is only for one day because it is taking time to complete the process of electricity export.”

According to the agreement concluded last October, Nepal is scheduled to export 40 megawatts of electricity every year from June 15 to November 15 for five years.

The agreement was signed by Kulman Ghising, executive director of the Nepal Electricity Authority; Mohammad Rezaul Karim, chairman of Bangladesh Power Development Board; and Renu Narang, CEO of India’s NTPC Vidyut Vyapar Nigam amid a function in Kathmandu.

According to the Ministry of Energy, Water Resources and Irrigation, on Friday, the energy ministers of Nepal, India, and Bangladesh decided to jointly start the export of electricity.