Dhaka, Bangladesh (BBN)– The Bangladesh authorities are in touch with the Indian government about the signing of a joint investment agreement on construction of Tipaimukh Dam and a hydroelectric project on the Barak River in Indian north-eastern state of Manipur.

“We are in touch with the Indian side,” a foreign ministry press statement said Saturday evening, adding that Indian external affairs ministry has referred to the assurances given by India at the highest level in this regard.

The foreign ministry also said senior officials at the external affairs ministry informed that they would be able to provide further details on the issue once offices open on Monday.

“We will also remain in close contact with them,” it added.

The agreement was signed among National Hydroelectric Power Corporation and India’s premier hydropower company, the Manipur state government and another state enterprise SJVN (formerly Satluj Jal Vidyut Nigam Limited) to form a joint venture company to implement the project.

A press release on the web site of the NHPC says that the agreement was signed on October 22 in presence of the Indian central minister of power and Manipur. The project is designed to generate 15,000MW of electricity.

BBN/SSR/AD-20Nov11-1:25 pm (BST)