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PTC India to set up plant in Nepal; to supply power to India, Bangladesh

State-owned PTC India will set up a power trading company in Nepal which will supply electricity to India and Bangladesh, the firm's CMD Rajib K Mishra said

On April 16, as evening peak time approached, the cost of electricity at the exchange climbed up to Rs 10.31 per unit by 4 pm
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BS Web Team New Delhi
State-owned PTC India will set up a power trading company in Nepal, which will supply electricity to India and Bangladesh, the firm's CMD Rajib K Mishra told Livemint. This will first for an Indian power firm to set up in Nepal and the move will boost the Centre's aim to build a South Asia-focused energy security architecture.

PTC, in the future, may also sell power beyond India and Bangladesh, to Myanmar and Vietnam, if the required infrastructure is set up, Mishra told Livemint. In contrast to PTC's mandate of trading power to and from India, it would act as an