Power trading arm of NTPC Ltd, 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 MW 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.
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.