Power was restored across country in phases by this morning, state minister for power and energy Nasrul Hamid, said.
"We have formed a technical committee to find out the specific reason for the power outage. We will comment after they report," Hamid said.
There were loud cheers in the capital, Dhaka, as lights came back in phases.
The interconnection line used for transmission of 450 megawatts at Bheramara in Kushtia district, tripped yesterday, an official at Power Development Board (PDB) said.
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Bangladesh began importing electricity from India in October last year.
The outage was triggered by excessive electricity supply from India, Chief Engineer Power Grid Company of Bangladesh Aksad Ali was quoted as saying by the Dhaka Tribune.
"India normally supplies 250 MW to 350 MW to the High Voltage DC substation. But, the country supplied 444 MW power to the substation on yesterday that triggered the technical glitch," Ali was quoted as saying by the paper.
The sudden vacuum caused disruption of power generation at all plants across the country.
"Today, the demand for electricity was 4,900 megawatt. The production was apt. There is no deficit of electricity in the country today," he added.
Airport operations continued through generators since noon amid the power disruption, said Rezaul Karim, public relation officer of Civil Aviation Authority of Bangladesh.
Dhaka Medical College and Hospital, the country's largest public hospital, also used a standby generator.
Prime Minister Sheikh Hasina's office, the presidential palace and government offices also plunged into darkness after the 10-hour-long power outage.