Kathmandu: Nepal has received permission to export an additional 325 MW of electricity to the Indian energy market. The Indian Central Electricity Authority has given approval to the Nepal Electricity Authority to sell an additional 325 MW of electricity in the Indian market, Nepals Energy Minister Pampha Bhusal said during a press conference on Wednesday.
Earlier, Nepal had permission to export only 39 MW of electricity to the Indian Energy Exchange. With this new decision in effect, Nepal will now be allowed to export 364 MW of electricity. Nepal and India had signed various agreements during a recent visit of Prime Minister Sher Bahadur Deuba to India. Those agreements are being implemented gradually, according to the Ministry of Energy, Water Resource and Irrigation.
For this new facility, we want to thank the government of India, said Bhusal adding that during the recent visit of Prime Minister Deuba to India we signed a Nepal-India Joint Vision Statement on Power Sector Cooperation which has come into effect.