Nepal starts exporting additional 144 MW of electricity to India

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Nepal It has started exporting additional 144 MW of electricity produced by Kaligandaki Hydroelectric Plant to India through its electricity exchange market.

Buoyed by incessant rains this year, the Himalayan nation is exporting surplus power to India through its power exchange market for the second year in a row, according to state-owned power utility body, Nepal Electricity Authority (NEA).

According to Pradeep Thike, deputy head of Nepal Electricity Authority, the average rate for selling electricity was around Rs 7.

NEA started exporting surplus power generated from its Kaligandaki Hydroelectric Plant to India from Saturday midnight.

Thicke said electricity is being exported to India under the Nepal-India Electricity Exchange Agreement.

The NEA had earlier started selling 37.7 MW of power generated from its 24 MW Trishuli and 15 MW Devighat power plants from midnight on Wednesday, when power plants in the Himalayan nation started generating surplus power.

“After adding the electricity generated from the 144 MW Kaligandaki Hydroelectric Project, Nepal will sell a total of 178 MW to India through the India Energy Exchange Limited (IEX),” Thicke said.

On 6 April, India allowed the NEA to sell an additional 325 MW of electricity generated from four hydroelectric projects – Kali Gandaki (144MW), Madhya Marsiangadi (70MW), and Marsiangadi (69MW) – all developed by NEA, and the Likhu 4 hydroelectric project. With 52.4MW capacity developed by the private sector.

This is the second consecutive year that the Himalayan nation is selling electricity to India through its exchange market.

With the onset of monsoon, hydroelectric power plants in Nepal are generating additional electricity from high water levels in the Himalayan rivers.

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Last month, it had invited bids from Indian companies to sell its 200 MW surplus power in the upcoming monsoon season under a long-term power purchase agreement.

During the recent visit of Nepal’s Prime Minister Sher Bahadur Deuba to India, Nepal had received approval from the Indian side to export 364 MW of electricity to the Indian energy market.

IEX under India’s Ministry of Power allowed NEA to supply an additional 326 MW to be traded in the Indian electricity-exchange market.

According to NEA officials, Nepal will be able to export electricity to India by mid-November and depending on the existing arrangements, it could earn up to 14 billion Nepalese rupees from the Indian market in the next five-and-a-half months period. ,

The Himalayan Times reported in November last year that Nepal has become an energy surplus since the full operation of the 456 MW Upper Tamakoshi Hydroelectric Project in August last year.



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