Electricity-starved Bangladesh has hit upon a novel model that involves wheeling power from projects being set up in India across the fuel sources to help meet its energy demands, said a top official in the Sheikh Hasina-led government.
This comes in the backdrop of India pushing for cross-border energy trade, with energy diplomacy being a key part of Prime Minister Narendra Modi’s South Asia-focused neighbourhood-first policy. Also, such a mechanism will help Bangladesh meet its ambitious target of providing ‘electricity to all’ by 2021.
“This is a very new idea which actually has germinated recently because we see that the price in India has gone down whereas in Bangladesh, we have given like many projects so far but none of them have been successful.
Even with a very high tariff. So that means that if someone is not developing his projects, there is a problem,” Ahmad Kaikaus, Secretary of power division, in Bangladesh’ Power, Energy and Mineral Resources ministry, told Mint. Read More
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