Kathmandu: Buoyed by surplus rainfall this year, Nepal is exporting surplus electricity to India through its power exchange market for the second consecutive year, state-owned power utility body, the Nepal Electricity Authority (NEA) has said. In November 2021, the Energy Exchange under India’s Power Ministry had granted permission to Nepal after persistent lobbying from Kathmandu, as the NEA is now in a position to sell its surplus energy.
The continuous rainfall in recent months is the reason why Nepal has managed to remain energy surplus this year, the NEA said. We have started selling 37.7MW of electricity to Indian buyers starting from 12.15am on Thursday, the Post reported, quoting NEA spokesperson, Suresh Bhattarai. We have already sent a proposal to India Energy Exchange (IEX) for selling equivalent power on Friday also, Bhattarai said. Power generated from the 24MW Trishuli and 15MW Devighat power plants were sold on Thursday, he added. The average price of the electricity has been maintained at INR 6 per unit, said Lokendra Shahi, another NEA official.
