Home Economy Adani Group To Export Electricity to Bangladesh

Adani Group To Export Electricity to Bangladesh

Adani Group To Export Electricity to Bangladesh
Photo: Hindustan Times

Prime Minister Sheikh Hasina was on a four-day visit to India. On the first day of the visit, the country’s Foreign Minister met with her. Besides, Gautam Adani, the businessman of India’s Adani Group, had a courtesy meeting with Sheikh Hasina. The Prime Minister discussed various issues with the Indian billionaire. Sources said other investments already underway in the energy and infrastructure sectors had been discussed to accelerate as planned. Each other’s cooperation is expected in these matters. Hence, the article is about Adani Group To Export Electricity to Bangladesh.

It should be noted that there is a plan to supply electricity to North Bengal in Bangladesh from the power plant Adani Group built in Jharkhand, India. Accordingly, the initial preparations have been completed. The day when the power supply to Bangladesh will officially start from the power plant is being fixed. 

According to the schedule of PGCB, the deadline for completion of ITF preparation for the supply of power from Unit-1 of Adani Power is November 30, 2022. Besides, the deadline to complete ITF preparations for power supply from Unit-1 and 2 is February 28, 2023. The letter also said that if the ITF is completed as per the stipulated time, Adani Power Ltd. for power commissioning. Scheduled Commercial Operation Date (SCOD) proposed. In this case, the Commercial Operation Date (COD) of Unit-1 was fixed on December 16. COD of Unit-2 is fixed on March 26, 2023.

According to the letter, the department has been requested to take further action as per the opinion of PGCB regarding the determination of SCOD as per the proposed schedule of two units of 800 MW capacity each at the power plant of Adani Power Limited located in Jharkhand, India and requested to inform the department about the action taken.

A source related to the Power Department and Bangladesh Power Development Board (BPDB) also said that Adani’s power plant has become productive. Now the transmission line test will be carried out in the Bangladesh part. In the beginning, bringing electricity to the country is also underway. Adani Power’s power plant under construction in Jharkhand will have a net power of 1,496 MW. The government is importing this electricity to solve the long-standing crisis in the northern part of the country. PGCB has already constructed a 28 km 400 KV transmission line at the cost of Tk. 226 crore from Manaksha on the Indian border to Rahanpur to import Adani’s electricity into the country.

India-Bangladesh Cooperation Framework Agreement was signed in 2011 for cooperation in Bangladesh’s power sector. This agreement aimed to increase the collaboration of the Indian government in the power generation, transmission, and distribution sectors. In 2015, BPDB signed a deal with Adani Power, a private company in the Indian power sector. Through this, an agreement was reached regarding the import of 1,600 megawatts of electricity from India. Adani signed a power purchase agreement with BPDB in 2017. In this 25-year power purchase agreement, the price of electricity per unit is fixed at 6 taka 80 paisa (8.61 cents).

To read more Economical news, Please Click Here!