Agartala: India and Bangladesh have signed a memorandum of understanding finalising the price of power to be exported from Palatana power station to the neighbouring country at the cost of eight American cent per unit, which is Rs 5.50.
Official sources here today said Indian delegation led by Tripura Power Minister Manik Dey had a meeting with the Bangladesh team led by their Power Minister Nasrul Hamid at Dhaka to finalise the rate and signed the MoU.
According to report, initially 100 MW power from the second unit of Palatana will be exported to Bangladesh as decided by the Prime Ministers of both the countries last year.
It was scheduled to start the export from December 16, 2015 but got delayed due to dispute over fixation of prices.
As per present schedule, the transmission of power will begin from February.
Tripura State Electricity Corporation Ltd (TSECL) has successfully charged the transmission line of Power Grid Corporation of India on Bangladesh Vijay Diwas (Independence Day) on December 16 last up to Indian part.
PGCIL has already completed Optical Fiber Cable (OFC) on the top of the 17.2 km transmission line.
PGCIL has erected 20 km of transmission lines in Indian side from Suryamaninagar grid of Tripura while the Power Grid Company of Bangladesh (PGCB) has completed 27 km of transmission line across the border up to Comilla.
He said highest level of both the countries have finalised the tariff and other transmission protocol as per international norms.
Meantime, synchronisation of grid code of India and Bangladesh has also been completed by the technical experts of both the nations.
At present India is selling 500 MW power to Bangladesh from Baharampur in West Bengal. Out of this 250 MW is going from government owned projects for which Bangladesh is paying Rs 4.50 cent per unit and rest 250 MW has been sold by private companies which cost Rs 5.50 cent per unit. (UNI)
