Sunday 12 August 2018

Nepal, and which country signed MoU to enhance cooperation in power sector?

Nepal, and which country signed  MoU to enhance cooperation in power sector?

Options

1) Bangladesh

2)bhutan

3)myanmar

4)sri lanka

answer

1) Bangladesh


Other details

Nepal and Bangladesh have signed a Memorandum of Understanding (MoU) to enhance cooperation in power sector.

The MoU is aimed at increasing collaboration in electricity generation, grid connectivity, energy efficiency, renewable energy and development of hydro power for the mutual and regional benefit.

It also envisages encouraging industrialists of Nepal and Bangladesh to invest in the power sector and tap huge hydro power potential of South Asia by regional and sub-regional cooperation to uplift the living standard of people in the region.

As per the MoU, a Joint Secretary level working group and  Secretary-level steering committee will be formed to take forward the task of power cooperation.

The two bodies will convene their meetings within the next two months to determine the future course of action.

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