Nepal allowed to export another 43.65 MW to India
POWER & RENEWABLE ENERGY

Nepal allowed to export another 43.65 MW to India

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

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

Next Story
Infrastructure Energy

Nepal Targets 10,000 MW Hydro Exports to India

Nepal's President, Bidya Devi Bhandari, has announced the country's ambition to export 10,000 megawatts (MW) of hydroelectricity to India. This bold initiative underscores Nepal's potential as a major supplier of clean energy to its neighbouring countries, aligning with its strategic vision for economic development and energy security.

President Bhandari's statement reflects Nepal's commitment to leveraging its abundant hydroelectric resources to meet regional energy demands sustainably. The proposed hydroelectric exports to India hold the promise of strengthening bilateral relations, e..

Next Story
Building Material

Hero MotoCorp Launches Assembly Plant in Nepal

Hero MotoCorp, a prominent Indian two-wheeler manufacturer, has unveiled a new assembly facility in Nepal, capable of producing up to 75,000 units. This move signifies Hero MotoCorp's commitment to expanding its presence in Nepal's market and meeting the increasing demand for its products.

Located in Birgunj, Nepal, the assembly plant underscores Hero MotoCorp's dedication to local manufacturing and contributing to the socio-economic development of the region. The facility is expected to create employment opportunities and stimulate the growth of ancillary industries, strengthening Nep..

Next Story
Infrastructure Urban

India Boosts Community Projects in Nepal

India takes a significant stride towards fostering bilateral ties by initiating transformative community projects in Nepal. The recent groundbreaking ceremony signifies a collaborative effort aimed at enhancing infrastructure and socio-economic development in Nepal. These projects, backed by India's expertise and resources, are poised to uplift communities, bolstering connectivity and livelihoods across regions.

With a focus on strategic urban infrastructure, India's investment in Nepal underscores a commitment to mutual growth and prosperity. The cornerstone-laying event marks the be..

Next Story
Infrastructure Energy

Vikram Solar Wins 397.7 MW Module Supply Contract for NTPC's Gujarat Solar Project

Vikram Solar has been awarded a significant contract to supply 397.7 megawatts (MW) of solar modules for an upcoming project by NTPC in Gujarat. This agreement underscores Vikram Solar's pivotal role in supporting India's renewable energy ambitions, particularly in expanding solar power generation capacity.

The project, spearheaded by NTPC, one of India's largest power generation companies, aims to enhance Gujarat's renewable energy infrastructure. It aligns with India's national goals of achieving substantial renewable energy penetration and reducing carbon emissions.

Vikram Sol..

Next Story
Infrastructure Energy

TCC seeks bids from developers for a 22 MW renewable energy project

Travancore Cochin Chemicals (TCC) is seeking bids from developers for a 22 MW renewable energy project to be implemented under a group captive model. The deadline for bid submissions is June 19, 2024.

Interested bidders are required to pay a tender fee of Rs 1,000 and an earnest money deposit (EMD) of Rs 500,000. The successful bidder will need to furnish a security deposit equivalent to 10% of the annual energy bill value to ensure contract performance, with the EMD being adjusted against this deposit.

The contract duration will span 20 years from the delivery date. Power can be..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram