Nepal sends tariff proposal to Bangladesh to export 40 MW electricity

DE Online Desk
Neighboring Nepal has sent a tariff proposal to Bangladesh to export 40 MW of electricity.
According to a report of a new Nepalese daily “The Kathmandu Post”, the tariff of per unit electricity (each kilowatt hour) is below Nepalese Rupee 10. One (1) Nepalese Rupee equivalent to Bangladesh Tk 0.83.
“We recently sent a tariff proposal to the Bangladeshi side in a sealed envelope,” said Pradeep Kumar Thike, the deputy managing director who oversees power trade at the Nepal Electricity Authority (NEA).
“The rate that we have proposed is approximately equivalent to the rate that we are charging India under a five-year power purchase agreement,” he told the Nepalese daily. He, however, said he doesn’t want to divulge the actual tariff the NEA has proposed.
“But based on a five-year long power purchase agreement signed between the NEA and the Indian NTPC Vidyut Vyapar Nigam Limited (NVVN) Limited back in May last year, the tariff could be below Rs10 per unit.
In September last year, the southern neighbour granted Nepal an approval to sell 110MW of power generated by the 83.42MW Solu Khola (Dudh Koshi) and 26.19MW Dordi Khola Hydropower Project to India as per the agreement signed between the NEA and NVVN Limited, reports UNB. According to NEA officials, tariff is the final part of the ongoing negotiation with Bangladesh regarding the sale of 40MW.