Inauguration of three important development projects -
 
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Inauguration of three important development projects -

Wed 01 Nov, 2023

Context-

  • Recently, three development projects were jointly inaugurated by Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina through video conferencing.
  • These projects are being implemented with the assistance of India.
  • These will boost communication and energy security in the region.

Key points -

  • These projects include Akhaura-Agartala cross border rail link, Khulna-Mongla-Port rail line and Maitree Super Thermal Power Plant Unit-II.
  • The project is implemented by Bangladesh-India Matree Power Company Limited which is a 50:50 joint venture company between NTPC Limited of India and Bangladesh Power Development Board.
  • India's NTPC Limited and Bangladesh Power Development Board have equal stake in this joint venture company.

Akhaura-Agartala Cross-Border Rail Link Project

  • The Akhaura-Agartala Cross-Border Rail Link Project has been prepared with the grant amount of Rs 392.52 crore given by the Government of India to Bangladesh.
  • The total length of this rail link, including a 6.78 km long dual gauge rail line in Bangladesh and a 5.46 km long rail line in Tripura, is 12.24 km.

 Khulna-Mongla Port Rail Line Project

  • The Khulna-Mongla Port Rail Line Project has been implemented under the concessional credit facility of the Government of India with a total project cost of US$ 388.92 million.
  • The project involves construction of approximately 65 km of broad gauge rail route between Mongla Port and the existing rail network at Khulna.
  • With this, Bangladesh's second largest port Mongla has been connected to the broad-gauge railway network.

 Maitree Super Thermal Power Project

  • Maitree Super Thermal Power Project, under the Indian Concessional Financing Scheme loan of US$1.6 billion, is a 1320 MW super thermal power plant located at Rampal in Khulna Division of Bangladesh.
  • The project is implemented by Bangladesh-India Friendship Power Company Limited which is a 50:50 joint venture company between NTPC Limited of India and Bangladesh Power Development Board.

 Important facts for examination -

  • The land border of Bangladesh is surrounded by the Indian border on three sides and the Bay of Bengal is located on the fourth side.
  • Border between India and Bangladesh – 4096.7 km. ,

 International forums where both India and Bangladesh are members:

  • SAARC
  • BIMSTEC
  • IORA

 Bangladesh 

  • Capital: Dhaka
  • President: Mohammad Shahabuddin
  • Prime Minister: Sheikh Hasina
  • Currency: Taka
  • Independence Day: 26th March

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