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Tue, May 7, 2024

NEA to export additional 325MW power to India

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KATHMANDU: After negotiations for a long time, India has finally allowed Nepal to export 325 megawatts of power to the Indian market at competitive rate. Given the approval from the Central Electricity Authority of India, Nepal Electricity Authority (NEA) will export an additional 325MW of hydroelectricity into the Indian energy market. Prior to this, in November 2021, India had given approval for the export of 39MW of power in the Indian Energy Exchange generated from NEA in Nuwakot district. In the second phase, Nepal has received approval to export 326MW hydroelectricity power produced from Kaligandaki ‘A’ (144MW), Mid-Marsyangdi (68 MW), Marsyangdi (67 MW) and Likhu-IV (51 MW), Executive Director of NEA Kulman Ghising said. With this, the NEA has got a nod to export the power to India by considering the source of the electricity produced from six hydropower projects. The surplus power will be exported via Dhalkebar-Muzaffarpur 400 KV cross-border transmission line. Organising a press conference at the Ministry of Energy on Wednesday, Minister for Energy, Water Resources and Irrigation, Pampha Bhusal, said the export of surplus power to India would help make a positive contribution to the economy by reducing Nepal’s trade deficit. Bhusal said India’s decision to purchase Nepal’s surplus power is positive. “We are in need of a big market. With this, additional market is now expanded,” she observed. By RSS READ ALSO:
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APRIL 2024

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