February 14

NTPC power trading arm wins tender for supply of 300 Mw power to Bangladesh

New Delhi: India’s state-owned electricity generator NTPC Ltd today announced its power trading arm NTPC Vidyut Vyapar Nigam (NVVN) has emerged as a winner in a tender for supply of 300 Megawatt (Mw) power to Bangladesh.

Bangladesh Power Development Board (BPDB) had invited a tender for supply of 500 Megawatt power from India under short-term basis between June 2018 and December 2018 and also long-term basis for the period between January 2020 and May 2033.

Four companies – including NVVN, Adani, PTC India and Sembcorp -- submitted their bids for the tender on 11 January 2018. The financial bids were opened on 11 February. “NVVN emerged as successful bidder (L1) both in short-term and long-term for 300 Mw power,” NTPC said in a statement.

The company said the supply of power is likely to begin from June 2018 after the commissioning of the 500 Mw High Voltage Direct Current (HVDC) inter-connection between India and Bangladesh.

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