India Approves Additional 251 MW Power Exports from Nepal

India Approves Additional 251 MW Power Exports from Nepal

Daily Current Affairs   /   India Approves Additional 251 MW Power Exports from Nepal

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Category : National Published on: August 23 2024

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  • India’s Designated Authority for Cross-Border Trade has approved an additional 251 MW of power exports from 12 hydropower projects in Nepal. 
  • For the first time, Nepal would be exporting power to Bihar through a medium-term power sales agreement. 
  • This takes the total allowed quantum from 690 MW from 16 projects to 941 MW from 28 projects. 
  • Even before this 251 MW approval, Nepal had already become a net exporter of electricity and net revenue generator in the last fiscal year selling NPR 16.93 billion worth of electricity.
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