India will sell 500 MW of electricity to Bangladesh, half of it available by the end of 2012 or early 2013, India’s foreign minister S.M. Krishna has said.
India will also install a 1300 MW coal fired power plant in Bangladesh’s southern Khulna area, he told a news conference in Bangladesh, reported Reuters.
“The connectivity work between the two countries for Bangladesh importing the electricity is going on smoothly while the feasibility study for setting up the coal based power plant has just been completed,” he said.
Bangladesh aims to nearly triple power generation to 15,357 MW by the end of 2015, Bangladesh’s foreign minister Dipu Moni told the same news conference.
The plan includes imports of 1000 MW of power from India, Nepal and Bhutan. Bangladesh also aims to generate 2000 MW from a nuclear power plant, construction of which will begin next year.
For more market intelligence news click here