Bangladesh is planning to build a power plant in India through the Bangladesh-India Friendship Company (BIFCL).
The initial plan is to build a solar or coal-based power electricity general plant.
A decision has been made to form a committee comprising representatives from the both countries to move the project forward.
Bangladesh Power Development Board (PDB) Chairman Engineer Khaled Mahmud confirmed the matter to the media on Thursday, after returning home from Delhi following a joint working committee meeting.
On Monday, January 29, a team of representatives, led by Power Division Secretary Ahmad Kaikaus, visited Delhi to attend the meeting.
The correspondent has learned that PDB and India’s National Thermal Power Company Ltd (NTPC) will jointly operate the power station. Bangladesh will also be able to import electricity from the power plant after its construction.
Discussing the agreement, the PDB chairman told the correspondent: “The power plant will be based either on coal or solar. A decision has been made to form a committee, and the committee will be tasked to implement the power plant project.
“BIFCL will build the power plant in India through a similar process used in the Rampal Power Plant construction project.”
He further added: “India has agreed to the proposal. We are currently importing power from India, and after construction, Bangladesh will import power from that power plan as well.”
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Meanwhile, speaking to the media, the Indian representatives said: “Our government handles the land allotment, the entrepreneurs only need to form a panel. Land allotment is a major issue in Bangladesh.”
PDB sources told the correspondent: “The same process used to build the Rampal coal-based power plant will be used in this proposed project. There is no need to form a new company, only registration will be needed to begin construction.
“The power plant should be built near the border, to ease complications in exporting electricity to Bangladesh.”
According to a NTPC report, India currently has the capacity to generate 319,600MW of electricity through government and non-government facilities. Of the total capacity, 50,000MW is generated from renewable energy, and 12,000MW is generated from solar power.
India has projected to increase its power generation capacity to 650,000MW by 2027, and 57% (327,000MW) of the generated electricity would come from renewable and non-fossil fuel energy sources.
This article was first published on banglatribune.com