The direction of the trade
Nepal's April–June 2023 diplomatic newsletter records a May 17 energy-secretary meeting with Bangladesh. The parties agreed to work toward exporting 40–50 megawatts from Nepal to Bangladesh through existing Indian grid connections. Nepal would be the exporter and Bangladesh the importer; the transmission route made India's participation necessary.
Source [1]Capacity is not energy already delivered
Nepal's later foreign-affairs report records a tripartite agreement for 40MW. That is a power-capacity figure. It does not, by itself, establish how many megawatt-hours flowed over a year: delivered energy also depends on operating hours and actual supply.
An understanding, tariff negotiation, signed agreement and the start of physical delivery are separate milestones. This explains the older headline without treating an announced capacity as a completed annual sales total. The Business section carries current energy reporting, and the related G7 guide examines another distinction between a financing commitment and money already deployed.
Source [2]