Milestone In Power Export
risingnepaldaily.com · Wed Aug 21 01:38:33 UTC 2024

It is a matter of pride for Nepal to export electricity from a journey of grappling with power shortages. The country is making a significant milestone in the development of hydropower. The recent approval by India to import an additional 251 megawatts of electricity from Nepal —total imports close to 1,000 megawatts — shows the increasing potential of power capacity. It also deepens the ties between the two neighbours. With the transition to a net electricity exporter in the last fiscal year, it reflects a promising future for the country's hydropower sector. In the fiscal year ending mid-July, Nepal exported 1.94 billion units of electricity amounting to over 700 megawatts, earning Rs. 17.07 billion. It imported 1.91 billion units worth Rs. 16.93 billion during the dry season.
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