Power Trading between India and Bangladesh: A sunrise

Economic ties are the most vibrant walk of bilateral relationship. It is significant in a large amount between neighboring countries. India and Bangladesh shares a rich cultural exchange from very beginning. But  now both the countries needs economic ties the take the friendly relationship to the next possible level.

A free trade agreement (FTA) between India and Bangladesh is under consideration. For the superior relationship approach to the bilateral cooperation could be FTA along with border based trade liberalization policy. Existing bilateral treaty SAFTA can be made more effective.

In other hand Bangladesh should seriously work on the policies regarding the tariff on imported goods from India. It needs to arrest any type of customs corruption in the border of both sides.

Another issue is to stop informal and illegal activities in borders. As per media news both the countries started a strong vigilance on that ground. Hopefully it will show the positive effect in business volume. The strong vigilance process should maintain in a sustain manner. 

  

Power trading between to nations could be the one step forward to the next level of friendly relationship. Power is the most essential element of economic growth. It is indispensable for growing economy like Bangladesh. In this case India performed its duty perfectly as a neighbor.  

Power is an important issue not less than Tista. Tista is much discussed for the added sentimental value, but power supply is more economy friendly matter, which have immediate effect on civilian life of Bangladesh.

Tripura Power Company will initially supply 100 MW power daily. The tariff is also market competitive. There is also opportunity to supply more electricity to Bangladesh. Assam can be the place from where India can supply electricity to the neighboring Bangladesh. As per news report that NTPC already showed interests to supply power from Assam power plant.

As per news report 65-km (18 km in India and 47 km in Bangladesh) cross-border transmission facility is ready. We can end with a positive hope for coming days. Beginning of Power supply should be the kick off, hope more ties yet to come.

A.C