Nepal-Bangladesh agree to sign 25-year power sale deal
Officials from Nepal and Bangladesh have agreed to sign a long-term agreement for the export of 40MW electricity from Nepal to Bangladesh, a Nepal Electricity Authority office bearer said.
Even though the two sides are yet to negotiate the tariff to be charged on the electricity, the duration of agreement has been settled. This will ensure a long-term market for Nepal's electricity in Bangladesh.
The understanding with Bangladesh is similar to the long-term inter-governmental power trade agreement initiated with India during Nepal's Premier Pushpa Kamal Dahal's visit to the southern neighbour from May 31 to June 3.
The understanding will be formalised once Nepal, India, and Bangladesh sign a tripartite agreement on power sale from Nepal to Bangladesh using the Indian territory.
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