Nepal can be a source of clean energy for Bangladesh: FBCCI

Nepal can be a good source of clean energy for Bangladesh, said Mahbubul Alam, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

Bangladesh is facing a growing demand for power and energy to meet its Vision 2041 to build Smart Bangladesh and the energy sector is one of the most attractive areas of cooperation between Nepal and Bangladesh, he said.

Importing power especially clean energy from Nepal will help Bangladesh meet the world trade compliances and increase the use of renewable energy, he added.

The FBCCI president made the comments during a meeting with the members of a delegation from Nepal, at the FBCCI building in the capital today.

Baburam Gautam, director general of the Department of Industry of the government of Nepal, led the Nepalese delegation, the FBCCI said in a press release.

The FBCCI president recalled the signing of a memorandum of understanding between Bangladesh and Nepal to import 500 MW of electricity from the landlocked country.

Different Bangladeshi export items, including readymade garments, have high demand in the Nepalese market, Gautam said.