Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Energypac Engineering Ltd, a local power equipment manufacturing company, has successfully exported 63MVA 132/33kV Power Transformers and Auxiliary Substation Equipment to the Nepal Electricity Authority under a contract valued at $2.4 million.
This marks Energypac's first export since the Covid-19 pandemic, which resumed the company's international business operations.
The leading power engineering company has already commissioned 25 substations for the Nepal Electricity Authority under different electrification projects financed by the Asian Development Bank (ADB) and the World Bank, a statement said.
To commemorate this export milestone, top officials of Energypac recently paid a courtesy call to the Ambassador of Nepal at the Embassy of Nepal in Dhaka.
The meeting discussed the existing export-import scenario and explored opportunities to further strengthen bilateral cooperation between the two neighboring countries through the economy and trade.
As part of a broader month-long engagement campaign, Energypac is also hosting a series of events, including workshops, seminars, and stakeholder visits at its facilities across Dhaka. These events were attended by top officials from the Ministry of Commerce, Export Promotion Bureau, and regional utilities.
"As we aim to recommence our international operations after the Covid-19 pandemic and diversify our export market, this shipment is a turning point. It holds particular significance not just for Energypac, but for Bangladesh's engineering sector as a whole since it demonstrates the capabilities of local companies to meet the demands of the global market," said Rabiul Alam, CEO of Energypac Engineering Ltd.
"We're proud to take Bangladeshi engineering beyond borders and into critical infrastructure projects across South Asia," he added.
Prior to the pandemic, Energypac averaged $50 million in annual exports and was recognized with multiple National Export Trophies in the Gold category for Electrical and Electronics.
This export aligns with national efforts to diversify the export of light and electrical engineering products and helps Energypac contribute meaningfully to Bangladesh's industrial growth and strengthen regional partnerships.
saif.febd@gmail.com