State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Saturday said the government would sign a memorandum of understanding (MoU) with Nepal in a month for importing hydroelectricity.
“The government had made a significant progress in import of electricity from Nepal and Bhutan using the land of India, as the MoU would enable to invest there in hydroelectricity and import the output,” he told this at a Meet the Press in Dhaka.
The state minister highlighted the government led by Prime Minister Sheikh Hasina’s different development initiatives to ensure energy security aimed at making the country a middle income country by 2021.
He said the power generation capacity reached to 15,351 megawatt (MW), three times higher, and the number of beneficiary reached to 80 percent from 47 percent before 2009.
“We have to install power plants having capacity of 9,000 MW more for fulfilling the government’s commitment of 24,000 MW electricity by 2021, as now the power generation capacity reached to 15,351 MW,” Nasrul added.