NTPC's arm to export 250 Mw power to Bangladesh

Posted By: Religare
Subscribe to GoodReturns

NTPC's arm to export 250 Mw power to Bangladesh
National Power Thermal Corporation (NTPC) would now be necessarily providing 250 Mw of power to Bangladesh. The power would be exported from NTPC's trading arm NTPC Vidyut Vypar Nigam (NVVN). The export would be done under the agreement signed with Bangladesh Power Development Board (BPDB).

"We are going to export 250 Mw to Bangladesh from the 15% unallocated power we have, beside, developing 1,320 Mw (2x660Mw) at Khulna through an equal JV," NTPC Chairman and Managing Director Arup Roy Choudhury said here today on the sidelines of a BNCCI-organised power seminar.

Power would be transmitted by the lines set up between the two states under the pact signed by Power Grid Corporation of India and BPDB in July last year. Currently India and Bangladesh are interconnected through a 500-Mw HVDC (high voltage direct current) link that is expected to get established by early 2013. Approximately $190 million (around Rs 907 crore) are being invested in order to execute the link.

Read more about: ntpc, power, bangladesh
Story first published: Tuesday, July 19, 2011, 9:30 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'