India grants permission to NEA to export additional 40 megawatts of electricity
Tags: International News
India has allowed the Nepal Electricity Authority (NEA) to export an additional 40 MW of power from two more hydroelectric projects.
The Central Electricity Authority of India has approved the sale of surplus power from two more hydro projects - 25 MW Kabeli B-1 and 20 MW Lower Modi - at competitive rates in the Indian energy market.
With this, 452.6 MW of surplus power can be exported to India from 10 hydropower projects.
NEA has stopped the export of surplus power to India from 19 December as generation from river-based hydroelectric power stations has reduced.
NEA has generated a net income of Rs 11.16 billion by trading 1.36 billion units of surplus power at a competitive rate in the Indian energy market till 18 December.
The current electricity demand of Nepal stands at around 1,680 MW, while the domestic production is 1,000 MW.
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