Messing with India proved costly, now Bangladesh is forced to plead before Nepal

The interim government of Bangladesh is paying a heavy price for showing aggressive attitude towards India. The situation is such that Bangladesh is now forced to appeal to Nepal for 40 MW electricity.

This deal can be signed between the governments of Bangladesh and Nepal on 4 October, but along with Bangladesh and Nepal, India will also play an important role in this deal. According to sources, this will be a tripartite agreement. Under this, Bangladesh will import electricity from Nepal through Indian territory.

The team reached Nepal for the deal

A Bangladesh delegation has reached Nepal, where a deal is to be signed to import 40 MW of electricity. An 8-member team led by Power Division Senior Secretary Habibur Rahman may sign the power supply deal on October 4. According to sources, this agreement will be between three countries and New Delhi's role is going to be very important in this, because electricity will be supplied to Bangladesh through Indian territories.

In this way, Bangladesh will have to pay around Rs 6 per unit to import electricity using Indian territory, while officials of Bangladesh Power Development Board say that if Bangladesh succeeds in importing electricity directly from Nepal, then this cost can be reduced significantly.

According to an official of BPDB, about 26 km of transmission line is required through Indian territory to supply electricity from Nepal. If Bangladesh is allowed to lay the transmission line at its own expense, then it will be very cheap to import electricity from Nepal.

Showing arrogance proved costly for India

The interim government that came to power after the coup in Bangladesh is constantly showing sharp attitude towards India, but the condition of the neighboring country is such that if India turns away, a serious economic crisis will arise. Actually, a deal for power supply for 25 years was signed between the Bangladesh government and India's Adani Power in 2017, but by July, the Bangladesh government owed about 800 million rupees.

Adani Group has also cut down the power supply demanding payment of outstanding amount. However, on 27 August, Gautam Adani wrote a letter to the Chief Advisor of the Interim Government, after which Bangladesh paid about $30 million to Adani Group. Apart from this, the 1100 MW power supply from India has been reduced to 900 MW.

Electricity crisis damages economy

Bangladesh has been facing power crisis for almost 2 years, currently it is getting worse, in villages there is a power cut of 19-19 hours and in cities it is 5-5 hours. Due to this, Bangladesh's industries are also getting affected a lot. Actually, Bangladesh's economy is largely dependent on exports, so the loss caused to factories and industries due to power crisis affects exports, which will have a direct impact on Bangladesh's economy.