India Offers Electricity for Bangladesh

India Offers Electricity Exports for Bangladesh.

In a meeting with India’s State Minister for Power and Commerce Jairam Ramesh and M. Tamim, an aide to the head of Bangladesh’s interim government, Indian authority offers up to 1000 MW electricity from plants in Tripura, where generation capacity exceeds demand, and other north-eastern Indian states bordering Bangladesh.

Mr. Tamim ask India to give a formal proposal to verify the possibility of Electricity import from India.

Oil and Natural Gas Corporation of India s installing the 700 MW plant at Palatana, 60 km (38 miles) from Agartala, the capital of Tripura, but has warned the project may be impacted by turmoil in markets.

Mr. Ramesh proposed Bangladesh could be a partner in the Tripura power plant, with 10 to 15 percent share, Tamim said.

The World Bank said on Saturday it had approved a $350 million loan for Bangladesh to build more power plants to help overcome a chronic shortage of power.

Report by Reuters.