Bangladesh is eager to partner with Nepal in order to invest in hydropower projects.

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Bangladesh has declared an interest in investing in hydroelectric power projects in partnership with Nepal in order to establish a power business in the near future.

According to Power Division sources, a meeting of the Joint Steering Committee, which is co-chaired by the energy secretaries of Nepal and Bangladesh, as well as a meeting of the Joint Working Group, which is co-chaired by the joint secretaries, will be virtually on September 13-14 to finalise the investment.

In order to 500 megawatts (MW) of power from Nepal via India, Bangladesh is now working on a project. According to an official, India has a Memorandum of Understanding (MoU) with GMR Upper Karnali Hydropower Ltd (GUKHL).

Earlier, Bangladesh requested Nepal provide its thoughts and opinions on the viability of participation and development of the Sunkoshi-3 (about 536MW) and Sunkoshi-2 (approximately 1110 MW) hydro-power projects in Nepal, which are now under consideration.

He went on to say Bangladesh must use the Indian corridor in order to electricity, which is nations may contemplate a tri-party MoU for a joint development hydropower project in Nepal.

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