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NEA Urged AIIB To Increase Investment In Electricity Infrastructure Expansion

NEA Urged AIIB To Increase Investment In Electricity Infrastructure Expansion
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A Milestone in Nepal-Bangladesh Bilateral Ties

Nepal and Bangladesh have reached a landmark agreement on electricity tariffs, paving the way for enhanced cooperation and mutual benefit. The agreement, signed during a World Bank program in Singapore in the presence of the energy secretaries of the two countries, signifies a positive step forward in the bilateral relations between the two neighboring countries. ....

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Stepping forward for cross-border power trade

Nepal and Bangladesh held a meeting for cross-border electricity trade on Thursday. This is an icebreaker on the frontline negotiation towards the power trade deal with the third country, apart from India. After Bangladesh formally approached Nepal asking to fix the electricity tariff rates last month, the Himalayan country has proposed to provide electricity produced in Nepal at the tariff between Rs 8.96 per unit and Rs 9.28 per unit. ....

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