The 17th meeting of the Nepal–India Power Exchange Committee (PEC) held in Pokhara has agreed on a new electricity tariff for 2026, approving a 1.5 percent increase. Nepal’s delegation was led by Nepal Electricity Authority Executive Director Hitendra Dev Shakya, while India was represented by Vijay Kumar Singh of the Central Electricity Authority. Under the new arrangement, electricity imported through 132 kV lines will cost INR 8.22 (Rs 13.15), through 33 kV lines INR 8.91 (Rs 14.25), and through 11 kV lines INR 9.55 (Rs 15.28). India had initially proposed a 5.5 percent rise due to higher production costs, but Nepal negotiated the increase down by citing prevailing market indicators. The agreement secures Nepal’s ability to import up to 350 megawatts of power during the dry season.
