India and Bangladesh Jointly Inaugurate Three Development Projects

November 1, 2023

Indian Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina are set to jointly inaugurate three significant development projects on November 1, 2023, through a video conference. This collaborative effort reflects the strong ties between the two nations.

Akhaura-Agartala Cross-Border Rail Link

The first project, the Akhaura-Agartala Cross-Border Rail Link, has been executed with an Indian grant assistance of INR 392.52 crore provided to Bangladesh. This rail link spans 12.24 km, with 6.78 km in Bangladesh and 5.46 km in Tripura, enhancing cross-border connectivity.

Khulna-Mongla Port Rail Line

The second project, the Khulna-Mongla Port Rail Line, has been implemented under India’s concessional Line of Credit, with a total project cost of USD 388.92 million. This initiative involves constructing approximately 65 km of broad gauge rail route, connecting the Mongla Port to the existing rail network in Khulna, elevating connectivity for Bangladesh’s second-largest port.

Maitree Super Thermal Power Plant Unit II

The third project, Unit II of the Maitree Super Thermal Power Plant, is part of a USD 1.6 billion Indian Concessional Financing Scheme loan. Located in Rampal, Khulna Division of Bangladesh, this 1320 MW Super Thermal Power Plant is a joint venture between India’s NTPC Ltd and Bangladesh Power Development Board (BPDB). Unit I was inaugurated in September 2022, and the upcoming inauguration of Unit II on November 1, 2023, marks a significant step toward enhancing energy security in Bangladesh.

Strengthening Connectivity and Energy Security

These projects represent a commitment to strengthening regional connectivity and energy security. The collaboration between India and Bangladesh continues to yield mutual benefits and contribute to the development of the region.

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