PTC Signs Fresh Agreements For Supplying 200 MW Power To Bangladesh
PTC India Limited supplying 290 MW power to Bangladesh, has signed two new Agreements for supplying 200 MW power to Bangladesh on short term and long term basis to a total for 15 years. The short-term Power for 200 MW power is from power pool of West Bengal State Electricity Distribution Company Limited (WBSEDCL) and long-term power will be supplied through imported coal from Meenakshi Energy Limited's imported coal-based project.
With this new addition in cross-border supply, PTC will add more than 1.5 billion units to its existing supply of 7 billion units with neighbouring countries (Bangladesh, Bhutan and Nepal). The transaction is expected to give export earning of USD 1.8 Billion over its contract period."