Nepal gets permission to sell electricity at competitive rates

Kathmandu: Nepal has been allowed to sell electricity at competitive rates in the Indian energy market. With the consent of the Ministry of Electricity of India, the body approving for inter-country electricity trade has given permission to the Nepal Electricity Authority (NEA) on Monday to sell electricity in the Indian Energy Exchange Market.

In the first phase, NEA has been allowed to sell 39 MW of electricity generated from the 24 MW Trishuli and 15 MW Devighat power plants in Nuwakot to the Indian Energy Exchange (IIX).

The power generated from the two power plants has been allowed to be sold in the Indian market as a source. NEA will start exporting electricity through Dhalkebar-Muzaffarpur 400 KV inter-country transmission line from 12 noon on Tuesday. At present, only electricity is being imported from this line.

Nepal has already received permission to purchase and import electricity from the Indian Energy Exchange.