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PM Modi, Sheikh Hasina Jointly Inaugurate Rail, Power Sector Projects Between India, Bangladesh
TIMESOFINDIA.COM | Nov 1, 2023, 13:12 IST
Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina jointly inaugurated three development projects via video conferencing. The projects include the Akhaura-Agartala Cross-Border Rail Link, Khulna-Mongla Port Rail Line, and Unit-II of the Maitree Super Thermal Power Plant. These projects aim to strengthen ties and partnership between the two countries, focusing on connectivity and energy security. The inauguration ceremony also included greetings from Sheikh Hasina for Diwali and discussions on trade-related issues between India and Bangladesh.
NEW DELHI: Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina, on Wednesday, jointly inaugurated three rail and power sector development projects to strengthen partnership between the two South-Asian nations.
The three projects are the Akhaura Agartala Cross Border Rail Link, Khulna Mongla Port Rail Line and Unit - II of the Maitree Super Thermal Power Plant in Rampal, Bangladesh, and were jointly inaugurated by PM Modi and Hasina via video conferencing.
"The joint inauguration of these important projects manifests the firm friendship and collaboration between our two friendly countries. I would like to thank PM Modi for the warm hospitality during my visit in September 2023 to attend the G20 Summit," the Bangladesh Prime Minister said during the launch.
She also expressed her gratitude for Prime Minister Narendra Modi's commitment to strengthening the bonds of friendship between our two countries, Sheikh Hasina said.
The projects are briefly explained below:
Akhaura-Agartala Cross-Border Rail Link
The project has been executed under a Government of India grant assistance of Rs 392.52 crore extended to Bangladesh. The length of the rail link is 12.24 km with a 6.78 km Dual Gauge rail line in Bangladesh and 5.46 km in Tripura.
Khulna-Mongla Port Rail Line Project
The project has been implemented under the Government of India's concessional Line of Credit with a total project cost of USD 388.92 million. The project entails the construction of approximately 65 km of broad gauge rail route between Mongla Port and the existing rail network in Khulna.
With this, Mongla, the second largest port of Bangladesh, gets connected with the broad-gauge railway network.
Maitree Super Thermal Power Project,
It comes under Indian Concessional Financing Scheme loan of 1.6 billion US dollars, and is a 1320 MW Super Thermal Power Plant located in Rampal in Khulna Division of Bangladesh.
The project has been implemented by the Bangladesh-India Friendship Power Company Limited which is a 50:50 Joint Venture company between India's NTPC Ltd and Bangladesh Power Development Board. These projects will strengthen connectivity and energy security in the region.
Sheikh Hasina also extended her greetings for Diwali to Prime Minister Modi and the people of India in advance.
"I would conclude her by conveying warm greetings in advance for the upcoming Diwali. I wish Your Excellency PM Modi and the people of India a very Happy Diwali," she said.
The theme of this year's Dialogue is 'Fostering a comprehensive and mutually beneficial partnership'.
Earlier this March, Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina inaugurated the India-Bangladesh Friendship Pipeline, a cross-border energy pipeline, built at an estimated cost of Rs 377 crore, of which the Bangladesh portion of the pipeline was built at a cost of approx. Rs 285 crore, which has been borne by the Government of India under grant assistance, read Prime Minister's Office press release.
The Pipeline has the capacity to transport 1 Million Metric Ton Per Annum (MMTPA) of High-Speed Diesel (HSD). It will supply High-Speed Diesel initially to seven districts in northern Bangladesh.
The operation of India- Bangladesh Friendship Pipeline will put in place a sustainable, reliable, cost-effective and environment-friendly mode of transporting HSD from India to Bangladesh.
Moreover, in September, the 15th Meeting of the Joint Working Group on Trade (JWG) between India and Bangladesh was held in Dhaka, Bangladesh, where the two nations discussed various bilateral issues, including removal of port restrictions, the groundwork for the commencement of the Comprehensive Economic Partnership Agreement (CEPA).
