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India-Nepal power trade
August 30 , 2024
5 hrs 0 min
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- India has allowed Nepal to export an additional 251 MW of electricity to the country.
- India’s Designated Authority for Cross-Border Trade has approved an additional 251 MW of power exports from 12 hydropower projects in Nepal.
- With this, Nepal would be exporting 941 MW of hydropower from 28 projects.
- Earlier, Nepal was exporting 690 MW of electricity from 16 projects.
- Nepal had already become a net exporter of electricity and net revenue generator in the last fiscal year.
- India and Nepal had reached an agreement for the long-term power trade that envisages the sale of up to 10,000 MW of power from Nepal to India in the next 10 years.
- Nepal shares a border of over 1,850 km with five Indian States — Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand.
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