Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: In a fresh boost to Nepal’s electricity trade, the Government of India has approved the purchase of an additional 200 megawatts (MW) of electricity from Nepal, the Nepal Electricity Authority (NEA) announced on Tuesday.
The approval covers power generated from five hydropower projects — Likhu-2, Likhu Khola A, Lower Solu, Thulo Khola, Super Kabeli Khola A, and Super Kabeli Khola. According to NEA, the export permission for this additional power will remain valid until October 31.
Prior to this decision, India had already approved imports of 810.9 MW of electricity from Nepal. With the latest clearance, Nepal can now export a total of 1,011 MW to India. Separately, Nepal has been exporting 40 MW to Bangladesh, bringing the country’s total approved electricity export capacity to 1,050.9 MW.
In the last fiscal year (2081/82), Nepal earned NPR 17.47 billion from electricity exports to India. The NEA expects this figure to grow significantly this year, with the latest export approval likely to double the export volume compared to last year.
“The latest decision from the Indian government is a positive indication for the future of cross-border electricity trade,” NEA officials said, adding that they expect further increases in export approvals in the coming months.
The power trade is part of broader energy cooperation between Nepal and India, with both governments working to expand grid connectivity and boost bilateral electricity commerce. NEA believes that sustained approvals will not only strengthen Nepal’s foreign currency reserves but also provide a stable market for surplus electricity generated during the monsoon season.
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