India and Nepal on Thursday agreed to form a joint task force on a proposal to construct a hydropower project from investments of the two neighbouring countries.
The task force will have maximum three members from both the countries.
The agreement was reached at the 9th meeting of the Nepal-India Energy Secretary-Level Joint Steering Committee in Kathmandu, according to officials at the Ministry of Energy, Water Resources and Irrigation.
The meeting was co-chaired by Secretary of the Energy Ministry Debendra Karki from Nepal and Secretary of the Energy Ministry of India Alok Kumar.
Kumar, who was in Kathmandu to attend the IndiaNepal Joint Steering Committee meeting, also paid a courtesy call on Prime Minister Sher Bahadur Deuba on Wednesday evening at the PM's Official residence at Baluwatar.
During the meeting between Karki and Kumar, issues including existing transmission lines between the two countries, under-construction and proposed interstate transmission line, the Arun III hydropower and transmission line and interstate power trade were discussed, said Joint Secretary Chiranjivi Chataut.
Both sides agreed to increase the capacity of energy being imported and exported through the interstate 400 KV Dhalkebar-Muzaffarpur transmission line. The 400 KV transmission line will span 140 kilometers (20 kilometers in Nepali territory and the remaining 120 in Indian territory).
The government of Nepal has to manage budget to construct the project on its side, as per the agreement.
India has taken a positive note of the proposal floated by Nepal Electricity Authority (NEA) to export electricity to India. The NEA has requested India to approve the proposal to export 850 megawatts electricity to India prior to the coming monsoon, according to officials.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)