Nepal resumes power export to Bangladesh, to earn Rs 1.29 billion in five months

Kathmandu: Nepal Electricity Authority (NEA) has resumed the export of electricity to Bangladesh, sending 40 megawatts of power through India’s transmission line starting today.

Nepal had exported electricity to Bangladesh for the first time on July 15, 2024, but it lasted only 12 hours. The export has now resumed after nearly a year, following a tripartite agreement signed last year between NEA, Bangladesh Power Development Board (BPDB), and India’s NTPC Vidyut Vyapar Nigam Limited (NVVN).

According to Subarna Sapkota, Deputy Manager of NEA’s Electricity System Control Department, Nepal will export a total of 146.88 million units of electricity over the next five months—until November 15. The government is expected to earn Rs 1.29 billion from the deal, with the electricity being sold at 6.40 US cents per unit. The power will be transmitted from Nepal’s 400 kV Dhalkebar Substation via India’s Muzaffarpur and Berhampur to reach the Bheramara Substation in Bangladesh.

Meanwhile, Nepal has continued electricity exports to India. NEA had been supplying 185 MW of power to India since June 1, which has now increased to 200 MW from Saturday. Under the bilateral agreement between Nepal and India, the electricity is sold at a rate of 5.25 Indian rupees per unit.

Additionally, NEA has started exporting 80 MW of electricity to the Indian state of Bihar since midnight. Nepal is also actively engaged in electricity trading in the Indian market through the 400 kV and 132 kV Dhalkebar-Muzaffarpur transmission lines.

With the onset of the monsoon season, Nepal’s hydropower generation has surged, allowing it to export surplus electricity to both India and Bangladesh.

Source: RSS