India Facilitates Historic Power Transaction from Nepal to Bangladesh via Indian Grid
In a groundbreaking achievement for regional energy cooperation, India has facilitated the first-ever power transaction from Nepal to Bangladesh through its national grid. The virtual inauguration of this historic power exchange was conducted today, marking a significant milestone in South Asia’s energy integration.
The power transaction, which involves the export of electricity from Nepal to Bangladesh, is a testament to India’s role as a crucial energy transit hub in the region. By utilizing India’s robust energy infrastructure, this initiative strengthens the interconnectedness between Nepal, Bangladesh, and India, contributing to enhanced regional cooperation and energy security.
This move not only boosts the energy supply chain in South Asia but also aligns with India’s ongoing commitment to fostering sustainable growth and ensuring energy access across the region. The initiative also highlights India’s vision for regional energy integration, promoting cross-border electricity trade to support economic growth and meet the increasing energy demand of neighboring countries.
The collaboration between Nepal, Bangladesh, and India in this power transaction marks a step forward in building a unified energy grid in South Asia. It is expected to pave the way for more such transactions in the future, advancing the goals of shared prosperity and sustainable energy in the region.