Bangladeshi State Minister Hamid in Kathmandu
Kathmandu, Aug 9: Minister of State for Power, Energy and Mineral Resources of Bangladesh, Nasrul Hamid, has arrived here today to discuss on the issue of power exchange and bilateral cooperation.
State Minister Hamid arrived here at the invitation of Minister for Energy, Water Resources and irrigation, Barsha Man Pun.
Joint-Secretary and Spokesperson at the Ministry, Dinesh Kumar Ghimire, said that bilateral meeting would be held as well as agreement signed with Bangladesh on Friday.
High-level meeting would be held and an agreement signed between the two countries at a time when Bangladesh has been showing its interest for joint investment in Nepal's energy sector since long.
Bangladesh has already said that it was ready to import around 5,000 MW electricity from Nepal. It was already made public that the preparation was underway to sell the power produced from Upper Karnali Hydropower Project, going to be constructed by Grandhi Mallikarjuna Rao (GMR) company of India, to Bangladesh.
The government was going to sign bilateral agreement with Bangladesh with an objective of taking and selling Nepal's power in regional market.
Power Trade Agreement has already been reached with India. India's consent is necessary to export electricity to Bangladesh. The two ministers during the Second Asia and Pacific Regional Energy Forum held in Bangkok on April 14 held discussion regarding collaboration for energy development.
The Bangladeshi State Minister would also pay courtesy call on Prime Minister KP Sharma Oli, it is learnt. Similarly, he is also scheduled to address an interaction to be organised by Independent Power Producers' Association Nepal (IPPAN).