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India will buy 10 thousand MW of electricity from Nepal.

India will buy 10 thousand MW of electricity from Nepal.

India will buy 10 thousand MW of electricity from Nepal.
bu gaurav achhwan

Kathmandu, 04 September. India has formally decided to purchase ten thousand megawatts of electricity from Nepal in the next ten years. The Indian government has taken this decision under the bilateral agreement with Nepal. Nepal’s Prime Minister’s Office has expressed happiness over India’s decision.

The Prime Minister’s Office has said that it has received information that a proposal to purchase 10 thousand MW of electricity in 10 years has been passed in the Cabinet meeting of India. This decision of India will prove to be a milestone in the economic development of Nepal.

India will buy 10 thousand MW of electricity from Nepal.

Nepal’s Energy Minister Shakti Basnet has said that during the visit of Prime Minister Pushpa Kamal Dahal Prachanda to India, a long-term power trade agreement was signed between the two countries. In this agreement, India had agreed to Nepal’s proposal to purchase 10 thousand MW of electricity in 10 years.

Addressing the 38th anniversary of the Nepal Electricity Authority here, Prachanda said Nepal is bringing changes in the hydropower sector, creating a favorable environment to attract foreign investment.

He said, “Our country is preparing and waiting with keen interest for major economic transformation in the coming decade through rapid development of hydropower and its maximum internal consumption.”

India will buy 10 thousand MW of electricity from Nepal.
Prachanda said, “Though Nepal is currently exporting about 450 MW of power to India, we aim to take power exports to 10,000 MW over the next ten years, for which Nepal and India have already signed an initial bilateral agreement. Have done.”

India will buy 10 thousand MW of electricity from Nepal.

Prachanda also mentioned that during his recent visit to India, he had discussed clean energy with Indian Prime Minister Narendra Modi.
The understanding reached during my meeting with Prime Minister Narendra Modi in India is a milestone towards achieving long-term power trade for access to the international market for our surplus power.

In Nepal the domestic demand for electricity increases in winter, while the supply decreases and in summer the demand decreases while the supply increases.
Most of the hydropower projects operating in Nepal are based on run-of-the-river. Last year, Nepal earned around 12 billion rupees from exporting electricity to India.

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