Electricity Export

Nepal earns Rs 815 cr from electricity export to India in 5 months of FY25

The Nepal Electricity Authority (NEA) has exported electricity worth Nepalese rupees 13 billion (INR 8.15 billion approximately) during the first five months of the current fiscal year. According to NEA officials, about 1.76 billion units of electricity worth Nepalese Rs 13.04 billion have been exported to India from mid-July to mid-December of the current fiscal year 2024-25. Nepal has been exporting surplus electricity to India during the rainy season for the last few years, NEA spokesperson Chandan Ghosh said. The average rate of electricity exported to India in the five months is Nepalese Rs 7.39 (INR 4.63 approximately) per unit. The authority is selling the surplus electricity at competitive rates in the day-ahead and real-time markets of the Indian Energy Exchange and to the states of Haryana and Bihar as per the bilateral medium-term power sales agreement. As a result, the authority has earned INR 8.15 billion by selling electricity during the review period as the trading

Bangladesh's electricity imports from Adani plant drop 33% in November

Fuel oil use for power generation in Bangladesh surged 47.8% in November, up for the third straight month after declining for 21 consecutive months, a Reuters review of data from Bangladesh's power

$500 mn in overdue power debt not sustainable: Adani Group to Bangladesh

The power deal, signed under Sheikh Hasina leadership, involves the supply of coal-generated electricity from Adani's 1,600 MW Godda plant, which the Yunus govt claims is opaque and expensive

India renews agreement to export electricity to Nepal for next 3 months

At a time when Nepal is facing a power crisis, India on Friday renewed the agreement to export electricity to Nepal for the next three months. Under the agreement, which was to expire on March 31, Nepal can import a total of 554 MW electricity from India between 6 am and 6 pm. Nepal's domestic electricity production currently stands at around 1,200 MW while the country's demand for electricity is 1,800 MW to 2,000 MW during this period. Nepal is experiencing a shortage of electricity as most of the domestic power plants in the country are based on a run-of-the-river system and during winter, there is less water in the rivers. We have received the notification about the renewal of the agreement to export electricity to Nepal until June end, Chandan Ghosh, Nepal Electricity Authority (NEA) spokesperson, told PTI. The Himalayan nation can import 500 MW of electricity from the Dhalkebar-Muzaffarpur cross-border transmission line and 54 MW through Tanakpur, Ghosh added. After mid-June

World's electricity demand growth slowing sharply as prices soar: IEA

The world's electricity demand growth is slowing sharply from its strong recovery the previous year as economic growth weakens and energy prices soar following Russia's invasion of Ukraine

Buy, Sell and Trade: India will soon have Electricity OTC market

The over-the-counter market allows buyers and sellers to directly transact conventional and renewable electricity, and negotiate the price and contract

Private power generating companies seek sops on electricity export

Citing strategic advantage over China, the gencos have asked the Centre to consider influence over neighbouring countries through energy exchange

PIL filed in SC against DVC-NVVN 300-Mw power supply to Bangladesh

PIL alleges that domestic coal as well as the country's hydel resources cannot be used to generate power for exports