NEW DELHI :
Tata Tasks Restricted has acquired an order for a 400kV double circuit transmission line venture valued at round $120 million (round ₹900 crores) from the Energy Grid Firm of Bangladesh Restricted (PGCB).
“This 120-km venture from Barapukuria to Bogura has been secured on a turnkey foundation. It will likely be executed in 30 months and the funding shall be accomplished by EXIM Financial institution India underneath Indian Line of Credit score,” Tata Tasks stated in an announcement.
India has prolonged traces of credit score to Bangladesh with vitality safety as an vital dimension of India-Bangladesh ties. Cross-border vitality commerce is a key a part of Modi’s South Asia-focused, neighbourhood-first coverage. India already has energy grid hyperlinks with Bhutan, Nepal and Bangladesh, and is constructing energy tasks within the three nations. It additionally plans to develop energy transmission hyperlinks with Myanmar and Sri Lanka.
“The transmission line shall additionally end result within the growth of high-voltage transmission infrastructure within the northern components of Bangladesh. It’ll additionally facilitate 1,600MW energy transmission from an influence plant primarily based in Jharkhand to Bangladesh,” the assertion stated.
This comes within the backdrop of theSouth Asia energy pool comprising Bangladesh, Bhutan, India and Nepal (BBIN) to kind the first part of South Asia-Southeast Asia interconnection hall that has been shortlisted for the bold global-grid plan, additionally known as One Solar One World One Grid (OSOWOG), as reported by Mint earlier.
Supply: Live Mint