Nepal has again been exporting 40 megawatts of electricity to Bangladesh via the Indian power grid under a tripartite agreement that was signed last year. Export was initiated at midnight on June 15th, following the opening of a letter of credit (LC) by Bangladesh, which had been delayed earlier. The supply of electricity comes in through the Trishuli and Chilime projects of Nepal and is sent through the Dhalkebar-Muzaffarpur line to India and then further to Bangladesh.
A five-year deal is signed to sell the power for 6.40 cents per unit in US dollars. Even though electricity used to be exported briefly last year, this is the official beginning of regular exports during the monsoon months, according to the agreement between Nepal, India, and Bangladesh.