Bangladesh to Buy Power from India, Opposition Angered


Dhaka, Jul 27 (IANS): In a "landmark deal" between once bickering neighbours, Bangladesh has signed a 35-year power transmission agreement with India to import 250 megawatt of electricity from late 2012, a move that drew flak from opposition parties.

Representatives of the Power Grid Corporation of India Ltd (PGCIL) and Bangladesh Power Development Board (BPDB) signed the deal Monday evening, The Daily Star newspaper reported.

Describing it as "a landmark deal", it said top ministers and officials of the Bangladesh government witnessed the ceremony.

This deal has taken place following Prime Minister Sheikh Hasina's New Delhi visit in January when India pledged to help Bangladesh with infrastructure, trade, connectivity and a soft loan of $1 billion.

The agreement keeps the provision for Bangladesh to export power to India in the future, and the transmission system will have the capacity to exchange 500 MW of power soon after the system is launched.

"This is a small step for Bangladesh and India, but a giant leap for regional cooperation," said Hasina's energy adviser Tawfiq-e-Elahi Chowdhury.

Bangladesh Finance Minister A.M.A. Muhith termed the signing as "a dream of regional cooperation coming true", and lauded the fast pace of reaching the agreement. "I hope the pace will continue in implementing the project," he added.

PGCIL director Arun Kumar and BPDB secretary Azizul Islam signed the agreement.

Main opposition Bangladesh Nationalist Party (BNP) protested the deal calling it an "evil omen".

Asked about the agreement, BNP Secretary General Khandaker Delwar Hossain said Bangladesh has "adequate resources to generate power and the country can solve its own problems by utilising the domestic resources".

"An evil omen has hung over the country to prevent it from becoming a self-reliant nation," he told media.

He announced a mass procession in the national capital Aug 9 as part of its anti-government movement, the newspaper reported.

BNP chairperson and opposition leader Khaleda Zia will personally lead the procession, Hossain said.

Zia and her BNP that ruled the country for two terms (1991-96 and 2001-06) lost in the December 2008 parliamentary election winning only 31 seats.

According to the pact, PGCIL will invest and construct 80 km of transmission line and own, operate and maintain it. The Indian company will recover the construction cost under a fixed rate over 35 years.

BPDB officials said PGCIL will incur a cost of about Rs.80 crore (about $17 million).

  

Top Stories


Leave a Comment

Title: Bangladesh to Buy Power from India, Opposition Angered



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.