India to supply 20% more power to Bangladesh

Agartala: India will supply 20 per cent more power to Bangladesh as the two countries renewed the contract for another five years, officials said on Sunday.
Tripura State Electricity Corporation Limited (TSECL) will supply 192 mw power to Bangladesh, an increase from the earlier 160 mw it supplied, as per the renewed agreement.
India and Bangladesh inked an agreement on January 11, 2010 for power trading at a mutually agreed price. The agreement had expired on March 16, 2021, officials said.
TSECL MD MS Kele and NTPC Vidyut Vyapar Nigam Ltd CEO Praveen Saxena represented India and signed the renewal agreement in Dhaka on December 2. Bangladesh was represented by its Power Secretary and Director of Bangladesh Power Development Board (BPDB).
The new agreement came into effect from March 17, 2021 and would be in force till March 16, 2026, officials said.
The modified terms and conditions of the agreement were finalised after four meetings between the stakeholders, they said.
HC to hear on Monday Anil Ambani group firm’s plea against DMRC over arbitral award
New Delhi, Nov 5 (PTI) The Delhi High Court will on Monday hear a plea by Delhi Airport Metro Express Private Limited (DAMEPL) seeking execution of an arbitral award of over Rs 4,600 crore against Delhi Metro Rail Corporation (DMRC).
The matter will be heard by Justice Suresh Kumar Kait who had issued notice on the Reliance Infrastructure subsidiary’s execution plea in September.
Recently, the Supreme Court had dismissed the DMRC’s plea seeking a review of its judgement which upheld the 2017 arbitration award in favour of DAMEPL, enforceable against it. —PTI

 

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