After arrangements for a long, India has permitted Nepal to trade 325 megawatts of capacity to the Indian market at a competitive rate.
Given the endorsement from the Central Electricity Authority of India, Nepal Electricity Authority (NEA) would trade 325 extra MW of hydroelectricity into energy market of the India. Before this, in November 2021, India had given endorsement for the commodity of 39 MW of power in the Indian Energy Exchange created from NEA in Nuwakot locale.
In the subsequent stage, Nepal has gotten endorsement to trade 326 MW of hydroelectricity power produced from Kaligandaki ‘A’ (144 MW), Mid-Marsyangdi (68 MW), Marsyangdi (67 MW), and Likhu-IV (51 MW), Executive Director of Nepal Electricity Authority Kulman Ghising said.
Minister for Energy Pampha Bhusal said the export of excess capacity to India would assist with making a positive commitment to the economy by decreasing Nepal’s import/export imbalance.