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Nepal begins selling 177 mw energy to India via power exchange market

Kathmandu, June 5 (IANS): In a major boost for energy cooperation between Kathmandu and New Delhi, Nepal has started selling a total 177.7 megawatts of energy to India from via its power exchange market. “Earlier Nepal had already sold out 37.7 megawatts power to India. After starting selling 140 megawatts on Saturday night, we are now selling a total 177.7 megawatts of energy through India Energy Exchange Limited,” said Suresh Bhattarai, spokesperson of the state-owned Nepal Electricity Authority (NEA). It is the first time that the country is exporting such a large quantity of energy through the power exchange market. India had recently allowed Nepal to sell an additional 364 megawatts of electricity. During a recent visit by Prime Minister Sher Bahadur Deuba to India, New Delhi had turned positive on the export of surplus electricity from Kathmandu. The two neighbours had agreed on a joint vision on power sector cooperation where both sides will conduct a bi-directional ....

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