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

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

Quick Summary:

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.

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.