India Renews Electricity Export Deal with Nepal

03 Apr 2024 CW Team

India has renewed its agreement to export electricity to Nepal, solidifying the bilateral energy cooperation between the two neighbouring countries. The extension of this deal underscores India's commitment to supporting Nepal's energy requirements and fostering regional cooperation in the power sector.

Under the renewed agreement, India will continue to supply electricity to Nepal, contributing to the latter's efforts to enhance its energy security and meet the growing demand for electricity. This partnership is crucial for Nepal's economic development and will help address its energy deficit by leveraging India's surplus power generation capacity.

The agreement reaffirms the longstanding energy partnership between India and Nepal, which has been instrumental in promoting mutual prosperity and strengthening bilateral ties. India's assistance in meeting Nepal's energy needs reflects its commitment to the shared goal of regional energy integration and cooperation.

The renewal of the electricity export deal underscores the strategic importance of energy diplomacy in India's foreign policy approach, emphasising the role of energy cooperation in fostering regional stability and prosperity. By extending this agreement, India demonstrates its willingness to support Nepal's socio-economic development and contribute to the overall progress of the South Asian region.

As the agreement between India and Nepal enters a new phase, both countries are poised to deepen their collaboration in the energy sector and explore additional avenues for mutual benefit. The renewal of this deal marks a significant milestone in the ongoing efforts to strengthen energy ties between India and Nepal, paving the way for sustained cooperation and shared prosperity in the years to come.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..