Import of another 500MW of power from India is set to start feeding the national grid from June 10 increasing the total imports from the neighbouring country to 1,110MW, Power Division secretary Ahmad Kaikaus confirmed on Monday.
The state-run Bangladesh Power Development Board would require spending Tk 41,579 crore for the import of electricity for 15 years from India’s West Bengal grid using a 400 kV trans-border transmission line that connects Baharampur in West Bengal with Bheramara in Kushtia, according to a summary prepared by the power board last week.
Since August 1, 2011, Bangladesh has been importing 500MW of electricity from India using a high-voltage DC substation with 500MW capacity and the same power transmission line with 1,000MW capacity installed by the state-run Power Grid Company of Bangladesh.
The grid company doubled the substation capacity at a cost of Tk 1,854.80 crore to facilitate a total of 1,000MW power import from India’s grid in the West Bengal. The company spent almost the same amount to install the first substation in the location to facilitate the country’s first trans-border electricity trade.
Bangladesh also imports 160MW of power from India’s eastern grid directly connecting a part of Comilla’s electricity transmission and distribution system with Tripura’s system.
Of the fresh imports, India’s state-run NTPC Vidyut Vyapar Nigam, NVVN, will supply 300MW while its public-private venture PTC India Ltd will supply 200MW under separate contracts with successive effects for three years and 12 years.
Under short-term contracts, the NVVN will charge at the rate of 5.66 US cents or Tk 4.7148 per unit or kilowatt-hour for its 300MW of power to be supplied until December 31, 2019 while the PTC will charge at the rate of 5.88 US cents or Tk 4.8647 per unit for its 200MW of power to be supplied over the same period of time.
Under long-term contracts, the NVVN will charge at 7.79 US cents or Tk 6.489 per unit for its 300MW of power to be supplied from January 1, 2020 to May 31, 2033 while the PTC will charge at 7.86 US cents or Tk 6.5474 per unit for its 200MW of power to be supplied over the same period of time.
A Power Board official, however, said that the price of electricity would vary time-to-time with the changes made by India’s Central Electricity Regulatory Commission in different components of electricity generation in India.
Want stories like this in your inbox?
Sign up to exclusive daily email
More Stories from Country