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.