Bangladesh will have to pay additional Tk 57.453 crore to Tk 231.084 crore to India as tariff besides duty fee for importing another 30MW-50MW of electricity to fulfill the shortfall of 500MW power purchase from the neighbouring country.
The Power Division has placed a proposal in this regard before the cabinet committee on public affairs for approval.
As per the proposal, the division has sought cancellation of previously allowed cabinet directive on importing additional electricity under Day Ahead Schedule as the Central Energy Regulatory Commission (CERC) of India has no such provision. Besides, it is time consuming to amend the CERC of India, officials said.
The Power Division has proposed to allow the Indian NTPC Vidut Vypar Nigam Limited (NVVN) and the Power Trading Company of Indian Ltd (PTC) to sell electricity through bilateral agreement through limited tendering method.
Power Division proposal said, the country fails to receive 30MW-50MW of electricity due to auxiliary consumption and transmission loss of generating station since it started power import from October 5, 2013.
However, Bangladesh Power Development Board (BPDB) has sought permission to float international tender to import another 500MW of electricity from Indian open market for 15 years period.
BPDB Secretary Md Jahirul Haque, in a letter to Power Division earlier has sought the permission.
In the letter, he said the BPDB wants to float the tender on August 1, 2015 while document submission date could be September 30 of the same year.
The power division approval would help complete the tender evaluation, government formalities and power purchase agreement by January 31, 2016.
The BPDB targeted to import short-term and mid-term power procurement from Indian open market for three years between November 1, 2017 and January 31, 2019, the letter read.
Besides, BPDB would target to purchase the long-term power for a period between February 1, 2019 and October 31, 2032, it said.
Bangladesh and India have already decided to exchange another 500MW of electricity from Indian open market.
