September 6, 2023 | Investopaper
India has granted approval to procure an additional 180 megawatts (MW) of electricity from Nepal. The Nepal Electricity Authority has confirmed that India has given the green light for this 180 MW electricity purchase, effective from Wednesday. Furthermore, power generated from projects including Solu Dudhkosi, Dordikhola, Upper Chameliya, and Upper Kalangadh will be exported to India.
At present, Nepal is already selling 451.7 MW of electricity in the Indian market. With this new approval, the total electricity export to India will increase to 631.7 MW. India’s Council of Ministers has also passed a decision to purchase 10,000 megawatts of electricity from Nepal over the course of the next decade.
The Nepal Electricity Authority has been exporting electricity to India since Karthik 2078 BS, initially starting with the sale of 39 MW of electricity generated by two hydropower projects. Subsequently, in Jestha 2079 BS, permission was granted to export an additional 364 MW from six more projects to the Indian market at competitive rates. In Karthik 2079 BS, two additional hydropower projects received approval for export.