Nepal to import additional 240 MW power from India

Image
Press Trust of India Kathmandu
Last Updated : Dec 23 2016 | 10:13 PM IST
India has agreed to export to Nepal an additional 240 MW of electricity in a bid to lessen the power shortage of the Himalayan nation.
An agreement was signed to this effect in New Delhi on Thursday between Nepal Electricity Authority (NEA) and state-owned NTPC Vidyut Vyapar Nigam (NVVN).
The import of power -- 80 MW immediately from January and 160 MW from February -- will be made through Dhalkebar- Mujjafpur Cross Border Transmission line which was inaugurated in February, said a press release issued by he NEA, Nepal's state-owned organisation.
The new agreement on power purchase from India would to some extent address the problem of blackouts across the country, the NEA said in the statement.
Nepal is facing under an acute shortage of power these days. The country last year suffered power cuts up to 16 hours daily -- mainly in winter season.
To deal with this situation, Nepal in September signed an agreement with India to import additional 250 MW electricity.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Dec 23 2016 | 10:13 PM IST

Next Story