The Indian Chamber of Commerce (ICC) organised the BIMSTEC Energy Conclave in Dhaka. High Commissioner of India to Bangladesh, Pranay Verma was present as the Chief Guest on the occasion. HC Pranay Verma has said that an important area of cooperation among BIMSTEC countries is to enhance energy cooperation and electricity trade and the signing of MoU on Establishment of BIMSTEC Grid Interconnection is a step in that direction.
India-Bangladesh relationship fosters cooperation in power and energy, with the Friendship Pipeline transporting sustainable, reliable high-speed diesel annually to Bangladesh. The High Commissioner highlighted the importance of regional cooperation under BIMSTEC, emphasizing India-Bangladesh relations as a crucial pillar.
He highlighted the 765 kV cross-border power interconnection between Katihar-Parbatipur-Boranagar, aiming to revolutionize inter-regional power trade and facilitate seamless power exchange between energy surplus and deficit regions. Verma, stated that such interconnection would also help in increasing investment in renewable energy sector, promoting generation and transmission of clean energy in the region. HC Verma highlighted India’s commitment to accelerating regional cooperation under the BIMSTEC Framework, emphasizing the Neighbourhood First Policy and Act East Policy as cornerstones of foreign policy.
