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Monday, July 11, 2011

India to sell Bangladesh power and build coal plant

Monday, 11 Jul 2011

Reuters cited Mr SM Krishna foreign minister of India as saying that the India will sell 500 MW of electricity to Bangladesh and half of it will be available by the end of 2012 or early 2013.

Mr Krishna also agreed to install a coal based thermal power plant with 1,300 MW of electricity in Bangladesh's southern Khulna area. He said that "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."

Bangladesh aims to nearly triple power generation to 15,357 MW by the end of 2015 as it scrambles to improve living conditions for its people and to become a middle income country by 2021, Bangladesh Foreign Minister Dipu Moni told at the same news conference.

The plan includes imports of 1,000 MW of power from India, Nepal and Bhutan.

(Sourced from Moneycontrol)

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