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India-Bangladesh to swap electricity

India-Bangladesh to swap electricity
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India and Bangladesh have agreed to open ways for private sector partnership to swap electricity alongside existing government-level cooperation, officials said. The news comes after the Joint Steering Committee on the Power Sector- led by PK Sinha, Power Secretary and his Bangladeshi counterpart, Monowar Islam- concluded its ninth meeting this May.

Officials familiar with the meeting said that the proposal was floated by India as companies like Reliance had expressed interest for investment.

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