Nepal allowed to export another 43.65 MW to India

29 Dec 2022 CW Team

Nepal can now export over 450 MW of electricity to India, which has agreed to purchase power generated by two additional hydropower projects in Nepal. According to the Nepal Electricity Authority (NEA), India has agreed to buy the power generated by two more projects: Kabeli B 1 (24.25MW) and Lower Modi (24.25MW) (19.4MW).

Nepal has temporarily ceased exporting power due to reduced output, but it will be able to sell more when it resumes shipment to India during the forthcoming wet season.

Previously, Nepal was permitted to sell up to 408 MW of power from eight projects in the Indian market.

Nepal has exported power worth over Rs 12 billion since India first allowed Nepal's power projects to sell in the Indian market in November last year. According to the NEA, since it commenced exporting power in early June this year, it has earned Rs 11.16 billion from power trade.

On December 16, a Nepali delegation visited India to participate in the South Asia (BBIN) Power Summit on grid connectivity organised by the Confederation of Indian Industries (CII). Indian officials informed the delegation that work is underway to approve more Nepali projects with a combined capacity of 150MW.

Ashish Garg, vice-president of the Independent Power Producers’ Association of Nepal, said officials from the Central Electricity Authority of India have notified that the approval process for an additional 150MW was underway.

The NEA has projected there would be an addition of 705MW to the country’s power system by the end of the current fiscal year 2022-23. Currently, Nepal’s power projects have an installed capacity of over 2,200 MW.

Also Read
Indian Energy Exchange forms subsidiary in carbon market
Azad Engineering to build manufacturing facility for MHI

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..