India, Nepal sign pacts to boost cross-border power trade
POWER & RENEWABLE ENERGY

India, Nepal sign pacts to boost cross-border power trade

India and Nepal on Wednesday advanced their energy partnership with the signing of agreements to develop new cross-border power transmission lines, aimed at enhancing electricity trade and improving regional grid stability.

Nepal’s Minister for Energy, Water Resources and Irrigation, Kulman Ghising, met India’s Minister for Power and Housing & Urban Affairs, Manohar Lal, in New Delhi to review ongoing cooperation in the power sector. The meeting also focused on the progress of hydropower projects in Nepal and efforts to expand regional grid connectivity for cleaner and more reliable energy exchange.

During the discussions, both ministers reaffirmed their commitment to deepening energy collaboration between the two nations. India’s Power Grid Corporation and Nepal Electricity Authority signed joint venture agreements to establish key transmission infrastructure to facilitate increased power trade.

Two major cross-border projects will be implemented under these agreements — the Inaruwa (Nepal)–New Purnea (India) 400 kV Double Circuit line and the Lamki (Dododhara) (Nepal)–Bareilly (India) 400 kV Double Circuit line.

Once operational, these transmission corridors are expected to significantly enhance electricity exchange between the two countries, improve regional grid resilience, and contribute to sustainable economic growth in both India and Nepal.

India and Nepal on Wednesday advanced their energy partnership with the signing of agreements to develop new cross-border power transmission lines, aimed at enhancing electricity trade and improving regional grid stability. Nepal’s Minister for Energy, Water Resources and Irrigation, Kulman Ghising, met India’s Minister for Power and Housing & Urban Affairs, Manohar Lal, in New Delhi to review ongoing cooperation in the power sector. The meeting also focused on the progress of hydropower projects in Nepal and efforts to expand regional grid connectivity for cleaner and more reliable energy exchange. During the discussions, both ministers reaffirmed their commitment to deepening energy collaboration between the two nations. India’s Power Grid Corporation and Nepal Electricity Authority signed joint venture agreements to establish key transmission infrastructure to facilitate increased power trade. Two major cross-border projects will be implemented under these agreements — the Inaruwa (Nepal)–New Purnea (India) 400 kV Double Circuit line and the Lamki (Dododhara) (Nepal)–Bareilly (India) 400 kV Double Circuit line. Once operational, these transmission corridors are expected to significantly enhance electricity exchange between the two countries, improve regional grid resilience, and contribute to sustainable economic growth in both India and Nepal.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement