Nepal | September 28, 2020

Tripartite power trade meeting in September

Umesh Poudel
Share Now:

Kathmandu, August 14

Aiming to address the key concerns related to cross-border transmission lines, power trade and energy banking, the government is gearing up to hold a discussion with power ministers of India and Bangladesh next month.

According to Minister for Energy, Water Resources and Irrigation Barsha Man Pun, the meeting will pave way for energy trade with the said countries. “The discussion has been scheduled for September 12.”

As per Dinesh Kumar Ghimire, secretary at the ministry, India’s Minister of Power RK Singh and Bangladesh’s Minister of Power, Energy and Mineral Resources Nasrul Hamid have confirmed their participation in the discussion. “Along with the ministers, the secretaries of related ministries and other concerned stakeholders will take part in the discussion.”

On December 23, the Indian government had amended its cross-border power trade regulations paving the way for Nepali power producers to export electricity not only to India but also to third countries like Bangladesh, Bhutan and Myanmar.

At that time, Indian authorities had rescinded a provision, which stated that only companies fully owned by the governments of the concerned countries or those having at least 51 per cent equity investment of Indian public or private companies could export power to the Indian market after obtaining one-time approval from the designated authority in India.

Similarly, Nepal and Bangladesh have also agreed to build a cross-border transmission line to supply electricity generated in Nepal to Bangladesh. On December 4, a secretary-level joint steering committee meeting had agreed to form a high-level committee to finalise the procedures to build the cross-border transmission line.

“Our discussion next month will focus on the spirit of earlier mutual tripartite pacts between Nepal, India and Bangladesh and clarify ambiguous areas,” said Minister Pun, adding that Nepal will soon export electricity to its neighbours.

“The role of the Indian government is critical for breaking the deadlock on some key issues related to building the transmission line between Nepal and Bangladesh, so the meeting will be very important for us,” Pun said.

As per MoEWRI, the Nepali and Bangladeshi officials will present the procedures for building the cross-border transmission line.

Even as Nepal and Bangladesh, Nepal and India, and Nepal, Bangladesh and India have held numerous bilateral and trilateral meetings regarding power trade, they have not reached any tangible agreement so far.

The Bangladeshi government has expressed interest to buy more than 9,000 megawatts of electricity from Nepal by 2040.

As per the MoEWRI, Nepal will soon be able to export 500 megawatts of electricity to Bangladesh. The Bangladeshi government has already signed an agreement to import electricity from the Upper Karnali hydropower project, which has installed capacity of 900 megawatts and is being developed by India-based GMR.

A version of this article appears in print on August 15, 2019 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Students demand justice for Bajhang rape victim in Kathmandu

KATHMANDU, SEPTEMBER 26 Students take to the streets on Saturday demanding justice for a 12-year-old girl whose dead body was found in a temple in Bajhang district on Thursday night. The minor was raped before being killed by the culprit/s. As per local police, investigation into the case in unde Read More...

United earn dramatic win at Brighton with late Fernandes penalty

BRIGHTON: Manchester United beat Brighton & Hove Albion 3-2 away in the Premier League on Saturday after an incredible finale in which Bruno Fernandes struck the winning goal from the penalty spot in the 100th minute of the game. Fernandes's winner, which came after referee Chris Ka Read More...

Chelsea recover from three goals down to draw at West Brom

Chelsea striker Tammy Abraham struck a 93rd-minute equaliser as they battled back from three goals down to draw 3-3 at West Bromwich Albion in their Premier League clash on Saturday. An error by Marcos Alonso led to Callum Robinson opening the scoring for West Brom in the fourth minute and t Read More...

A team of women of Police march past in a programme organised to mark the Constitution day at Nepal Army pavilion in Tundikhel, Kathmandu, on Wednesday, September 19, 2018. Photo: Skanda Gautam/THT

Province 2 threatens to knock Supreme Court door

KATHMANDU, SEPTEMBER 26 Months after the two bills related to adjustment of Nepal Police and Provincial Police were authenticated, provincial governments have not been able to take control of police. As a result, Province 2 government has sent an angry letter to the federal home ministry asking i Read More...

Local levels to resume schools from today in Siraha district

SIRAHA, SEPTEMBER 26 Community schools in Laxmipur Patari Rural Municipality and Mirchaiya Municipality of Siraha, that have remained closed for the past six months are likely to open from tomorrow. Education sections of both the local bodies, by issuing separate notices, decided to open s Read More...

Three persons including campus chief absconding

DHULIKHEL, SEPTEMBER 26 Three persons, including campus chief, have been absconding ever since police issued an arrest warrant against them in Kavre’s Banepa. A fraud charge was filed against three people including Kavre Multiple Campus Chief KJ Baidar in Kavre’s Banepa Municipality, with Read More...

Traffic police expedite monitoring of public vehicles

KATHMANDU, SEPTEMBER 26 Traffic police have expedited inspection and monitoring of public vehicles in Kathmandu valley to ensure that they follow health guidelines and other requirements specified by the government to prevent and control COVID-19. Senior Superintendent of Police Bhim Prasad Dh Read More...

Food, medicines provided to returnees from India

DHANGADI, SEPTEMBER 26 Dhangadi sub-metropolis has been providing free food and health facilities for Nepalis returning from India at border entry point, in Dhangadi. Deputy Mayor Sushila Mishra Bhatta of the sub-metropolis said food and water were being offered to the returnees ever since the Read More...