The Damodar Valley Corporation (DVC) on Wednesday said it has won a short term and a long term bid for selling of 300 megawatt (MW) power to Bangladesh.
The public sector undertaking said that the contract was through its power trader NTPC Vidyut Vyapar Nigam Ltd (NVVNL) and it was the first time that it won an international tender for cross-border supply of electricity.
The short term supply will commence from June 2018 and continue up to December 2019 while the long term power supply to begin from January 2022 and will be up to May 2033, the company said in a statement.
“The DVC power plants and integrated transmission systems are located in close proximity to Bangladesh and is well positioned to meet the power demand,” a spokesperson said.
Its installed capacity is 7,237 MW and the development would help the loss making corporation to increase its revenue.
With the 300 MW, Bangladesh’s total power imports will increase to 960 MW as the country now imports 660 MW from India.
Of the 660 MW power, Bangladesh receives 500 MW at its Bheramara high voltage DC substations in Kushtia from a substation located in West Bengal and 160 MW in Comilla from Tripura.
State-run Power Grid Company of Bangladesh is now doubling the capacity of the 500 MW HVDC substation at Bheramara to facilitate import of 1,000 MW power from India using the facilities, said officials.
Completion of the capacity expansion project is scheduled for June 30, 2018, they said, adding that the grid company was trying to prepare the facilities before the schedule as the additional 300 MW power would be ready for supply from June 1.
The additional power import issue was settled during the visit of Prime Minister Sheikh Hasina to India in April, 2017.