A significant agreement in electricity trade is on the horizon for Bangladesh, India, and Nepal, marking a major step toward achieving energy sustainability in South Asia.
The deal will enable Bangladesh to import hydroelectricity from Nepal through India’s transmission lines. Authorities from Bangladesh and Nepal have recently concluded negotiations with the Indian side regarding the utilization of a high-voltage transmission line. As per officials from Bangladesh’s Ministry of Power, Energy and Mineral Resources, the three-way pact is expected to be signed within the next month.
Countries | Electricity Trade Agreement |
---|---|
Bangladesh | Import hydroelectricity from Nepal via India’s grid |
India | Facilitate power sharing through transmission lines |
Nepal | Export hydroelectricity to Bangladesh via India’s grid |
This landmark agreement is set to reshape the energy landscape of the region, fostering collaboration and paving the way for sustainable energy practices. Stay tuned for the official signing of this game-changing trade deal.