Nepal exported electricity worth Rs 12.72 billion to India during the first four months of the current fiscal year, according to the Nepal Electricity Authority (NEA).
The NEA reported that 1.67 billion units of surplus electricity generated during the rainy season were sold to India at an average rate of Rs 7.63 per unit. The electricity was supplied to Haryana and Bihar through the Day Ahead and Real Time markets of the Indian Energy Exchange (IEX) under a bilateral mid-term electricity sale agreement.
Additionally, Nepal has begun exporting electricity to Bangladesh using India’s transmission infrastructure.
However, recent floods and landslides triggered by incessant rains on September 27–28 have disrupted hydropower generation and electricity exports. NEA Managing Director Kulman Ghising stated that the 456-megawatt Upper Tamakoshi Hydropower Plant remains out of operation after being hit by landslides.
Other smaller hydropower projects have also been affected, with the Kabeli Corridor Transmission Line damaged by flooding from the Mai River. This has halted the transmission of about 200 megawatts of electricity from connected projects, significantly impacting exports over the past two months.
These disruptions could jeopardize the government’s target of exporting electricity worth Rs 30 billion in the current fiscal year. -- RSS