ICC organizes BIMSTEC Energy Conclave

Indian Chamber of Commerce (ICC) organized the BIMSTEC Energy Conclave

Aug 9, 2023 - 10:53
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ICC organizes BIMSTEC Energy Conclave
ICC organizes BIMSTEC Energy Conclave

New Delhi. An important area of cooperation among BIMSTEC countries is to enhance energy cooperation and electricity trade and the signing of the MoU on the Establishment of BIMSTEC Grid Interconnection is a step in that direction. The Indian Chamber of Commerce (ICC) organized the BIMSTEC Energy Conclave.

High Commissioner of India Pranay Verma was present as the chief guest on the occasion. Indian High Commissioner to Bangladesh Pranay Verma has said that one of the hallmarks of the ever-deepening India-Bangladesh relationship is the growing cooperation in the field of power and energy. 

A striking example is the India-Bangladesh Friendship Pipeline inaugurated by the Prime Ministers of India and Bangladesh in March this year, which has the potential to transport one million metric tonnes of high-speed diesel per year to Bangladesh in a sustainable, reliable manner. Is.

The High Commissioner highlighted the importance of regional cooperation under BIMSTEC in the context of current global uncertainties. He emphasized that India-Bangladesh relations are an important pillar of BIMSTEC's cooperative architecture. The High Commissioner highlighted the importance of the proposed 765 kV cross-border power interconnection between Katihar (India) - Parbatipur (Bangladesh) - Boranagar (India) and its potential to revolutionize inter-regional power trade.

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