India’s state-owned NTPC announced on February 13 its power trading arm NTPC Vidyut Vyapar Nigam (NVVN) has won the tender to supply 300MW of power to Bangladesh.
Bangladesh Power Development Board had invited a tender from India under short term basis from June 2018 to December 2018 and long-term between January 2020 and May 2033, reports the Indian daily The Economic Times
Four companies – NVVN, Adani, PTC India and Sembcorp – had submitted their bids on January 11.
NTPC in a statement said they have emerged as the successful bidder.
The company said the supply of power is likely to begin from June 2018 after the commissioning of the 500 MW High Voltage Direct Current (HVDC) inter-connection between India and Bangladesh.