Home News Bangladesh offers to establish Hydropower Plants in Nepal

Bangladesh offers to establish Hydropower Plants in Nepal

Bangladesh- Glocal Khabar

Kathmandu, 20 January, 2018: In order to expand its power options after spending $1 billion to build electricity plants in Bhutan, Bangladesh has forwarded its plan to build hydropower plant in Nepal.

Mashfee Binte, Bangladeshi Ambassador to Nepal mentioned, “In order to meet growing demand, we are importing 640 MW from India and thinking of installing nuclear plants. We consider Nepal a big market that can fulfill our energy demand.” She indicated that the Bangladeshi government’s investment will encourage the private sectors to secure their investments in the proposal as well.

“I don’t think that there will be a problem in exporting electricity from Nepal. India is positive and has agreed to allow transmission of electricity to Bangladesh from Nepal. We are ready to import electricity from Nepal after meeting Nepal’s requirements as much as can Nepal can export to us. We have been urging Nepali traders to use the railway at first and start seeking other facilities gradually which will bring down the cost significantly”, she said.

Previously, Nepal government submitted a list of seven possible projects after Bangladesh sent a proposal to invest in Nepal’s hydropower sector. Since then, no advancement has been witnessed.