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India to buy 1,000MW electricity
Published on 3 Nov. 2008 12:43 AM IST
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India has offered to buy 1,000MW of power from Bangladesh as part of its mega-plan to produce and procure 30,000MW in next 10 years from its South Asian neighbours including Nepal, Bhutan, Myanmar and Sri Lanka. "We can have an agreement to export 1,000MW power," Jairam Ramesh, Indian minister of state for commerce and power told the media during his visit here on Saturday. He said the power sector cooperation could take place through a South Asian power grid, but the real issue would be how that grid could be reached. A bilateral approach could take place faster. "It'll be a competitive price. no profiteering," he said. He made the offer for the power sector cooperation during separate meetings with Hossain Zillur Rahman, the commerce adviser, and M. Tamim, the special assistant to the chief adviser for energy and power, earlier in the day. He also visited a power plant in Siddhirganj of Narayanganj, United News of Bangladesh (UNB) news agency reported. Ramesh said that besides an under-construction project in the north-eastern Indian state of Tripura to generate 750MW electricity, Indian companies had got permission to install power plants in Nepal to generate 1,400MW power to import back to India. Ramesh listed the accomplishments in Bangladesh-India relations, particularly in economic cooperation, during the last one year including the notification of duty-free export of eight million pieces of apparel items from Bangladesh to India.

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