Updated By: LatestGKGS Desk
NTPC contract to Supply 300 MW Electricity to Bangladesh BPDB
NTPC Will Supply 300MW Electricity to Bangladesh (BPDB) Details, Features, Purpose
India's electricity power giant NTPC’s subside NTPC Vidyut Vyapar Nigam (NVVN) announced on 13th February 2018, that it has won a tender to supply 300 Megawatts of electricity to Bangladesh.
The contract is made for the period of 15 years at an estimated tariff of Rs 3.42 per unit.
As per the officials, the supply of electricity is likely to commence from June 2018, after commissioning of 500 MW HVDC inter-connection project between India and Bangladesh.
The Bangladesh Power Development Board (BPDB) had invited tenders for supply of 500 MW power from India for short-term (1st June 2018 to 31st December 2019) and long-term (1st Januaryc2020 to 31st May 2033).
The NVVN, Adani Group, PTC and Singapore-bases SembCorp submitted their bids by the scheduled date of 11th January 2018.
The NVVN emerged as a successful bidder (L1), both in short term and long term for supplying 300MWelectricity to Bangladesh.
The new power deal with Bangladesh is a part of India’s strategy of playing a key role in creating new energy security architecture for its neighbors’. It is believed that company would make revenue of Rs 900 crore every year from this deal
India is currently exporting approx 600 MW electricity to Bangladesh.
