Bangladesh Tension: After the ongoing tension in Bangladesh, the government has allowed the companies supplying electricity from their domestic power plants to the neighbouring countries to sell electricity in their country if they face difficulties in foreign markets. The central government has taken this decision after the ongoing political upheaval and violence in Bangladesh where Adani Power supplies electricity from its power plant located in Jharkhand.
The Power Ministry has amended its rules regarding this. After this amendment, if there is turmoil in the foreign market, the power companies selling electricity there will be able to sell the electricity produced in their power plants in the domestic markets in such a situation. The Ministry of Power has made this amendment in the guidelines of Import-Export (Cross Border) of Electricity 2018, in which relief has been given by changing the rules for Indian power generation stations that export electricity to neighboring countries.
The order issued on August 12 said that if the power station companies are not able to sell the entire power or they are facing delay in payment under the Power Purchase Agreement, then the Government of India will allow such power generating stations to be connected to the Indian grid so that they can sell electricity within the country’s borders.
Currently, Adani Power is selling 800 MW of electricity to Bangladesh from its power plant in Godda, Jharkhand under the Power Purchase Agreement, for which an agreement was signed with the Bangladesh Power Development Board in 2017. The company imports coal from Australia for this thermal power plant and has been selling electricity to Bangladesh since last year. NTPC also supplies 500 MW of electricity to Bangladesh under the agreement, but it has been pooled from different stations. Damodar Valley Corporation signed an agreement in 2018 to sell 300 MW of electricity to Bangladesh, but it does not have an exclusive PPA.
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