DHAKA, Oct 3, 2024 (BSS) – Environment, Forest, Climate Change Adviser Syeda Rizwana Hassan today witnessed the signing of a 40-megawatt electricity trading agreement among Nepal, Bangladesh, and India.

The Bangladesh Power Development Board (BPDB), Nepal Electricity Authority (NEA) and NTPC Vidyut Vyapar Nigam Limited (NVVN) of India signed the tripartite power trading agreement at a ceremony in Kathmandu, according to a message received here.

Under the agreement, 40 MW of hydroelectricity will be supplied from Nepal to Bangladesh via India for five months - from June 15 to November 15.

The ceremony was also attended by Nepal’s Energy, Water Resources, and Irrigation Minister Deepak Khadka, Bangladesh Water Resources Secretary Nazmul Ahsan and Nepalese Ambassador to Bangladesh Ghanshyam Bhandari.

In her address, Rizwana emphasised that this agreement marks a significant step forward in expanding regional energy trade.

“This is not just about meeting our immediate energy needs, but also about ensuring the long-term energy security of our nations in an environment-friend manner,” she said.

Earlier, Rizwana met Nepal Prime Minister KP Sharma Oli at Singha Darbar where they discussed matters related to mutual interests.