State-run power major NTPC's trading arm NTPC Vidyut Vypar Nigam (NVVN) has been given the mandate to export 250 Mw of power from NTPC to Bangladesh.
"We are going to export 250 Mw to Bangladesh from the 15% unallocated power we have, beside, developing 1,320 Mw (2x660Mw) at Khulna through an equal JV," NTPC Chairman and Managing Director Arup Roy Choudhury said here today on the sidelines of a BNCCI-organised power seminar.
NVVN has signed the power purchase agreement with the Bangladesh Power Development Board (BPDB).
The transmission lines between India and Bangladesh are being set up under a pact signed between Power Grid Corporation of India and BPDB in July last year.
The links are expected to be in place by early 2013 and are being executed at a cost of around $190 million (around Rs 907 crore), with a capacity to wheel around 500 Mw.
The interconnection between India and Bangladesh is being established through a 500-Mw HVDC (high voltage direct current) link between India's eastern region and the western grid of Bangladesh.
Asked about the progress of the greenfield plant in Bangladesh, Choudhury said DPR had been submitted and once the coal is allocated by them the final price of power would be decided.
