You are here: Home » Current Affairs » News » National
Business Standard

India to supply 20% more power Bangladesh as countries renew contract

India will supply 20 per cent more power to Bangladesh as the two countries renewed the contract for another five years, officials said on Sunday.

Topics
Power generation | Bangladesh

Press Trust of India  |  Agartala 

discoms

India will supply 20 per cent more power to as the two countries renewed the contract for another five years, officials said on Sunday.

Tripura State Electricity Corporation Limited (TSECL) will supply 192 mw power to Bangladesh, an increase from the earlier 160 mw it supplied, as per the renewed agreement.

India and inked an agreement on January 11, 2010 for power trading at a mutually agreed price. The agreement had expired on March 16, 2021, officials said.

TSECL MD MS Kele and NTPC Vidyut Vyapar Nigam Ltd CEO Praveen Saxena represented India and signed the renewal agreement in Dhaka on December 2. was represented by its Power Secretary and Director of Bangladesh Power Development Board (BPDB).

The new agreement came into effect from March 17, 2021 and would be in force till March 16, 2026, officials said.

The modified terms and conditions of the agreement were finalised after four meetings between the stakeholders, they said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sun, December 05 2021. 16:24 IST
RECOMMENDED FOR YOU
.