+
Nepal to Export 1,000 MW Electricity to India: EAM Jaishankar
POWER & RENEWABLE ENERGY

Nepal to Export 1,000 MW Electricity to India: EAM Jaishankar

Nepal is set to export 1,000 megawatts (MW) of electricity to India, marking a significant step forward in energy cooperation between the two neighbouring countries. The announcement was made by External Affairs Minister S. Jaishankar, highlighting the growing energy ties that are poised to benefit both nations.

This move comes as part of a broader strategy to enhance regional energy security and foster economic ties between India and Nepal. The electricity export, primarily generated from Nepal?s hydropower projects, is expected to play a crucial role in meeting India?s growing energy demands while also providing a steady revenue stream for Nepal.

Minister Jaishankar emphasised the importance of this collaboration, noting that it aligns with India?s efforts to strengthen regional partnerships and promote sustainable energy practices. The agreement also underscores the mutual benefits of cross-border energy trade, which can help address energy shortages and support economic growth in both countries.

Nepal?s decision to export electricity to India is seen as a milestone in the bilateral relationship, reflecting the deepening cooperation in the energy sector. It also aligns with Nepal?s ambitions to become a significant energy exporter in South Asia, leveraging its abundant hydropower resources.

The export of 1,000 MW is expected to be the beginning of a more extensive energy exchange between the two countries, with potential for increased capacity in the future. Both India and Nepal are committed to ensuring the success of this initiative, which is poised to enhance energy security and economic connectivity in the region.

This development is a testament to the robust partnership between India and Nepal and their shared vision for a more integrated and sustainable energy future.

Nepal is set to export 1,000 megawatts (MW) of electricity to India, marking a significant step forward in energy cooperation between the two neighbouring countries. The announcement was made by External Affairs Minister S. Jaishankar, highlighting the growing energy ties that are poised to benefit both nations. This move comes as part of a broader strategy to enhance regional energy security and foster economic ties between India and Nepal. The electricity export, primarily generated from Nepal?s hydropower projects, is expected to play a crucial role in meeting India?s growing energy demands while also providing a steady revenue stream for Nepal. Minister Jaishankar emphasised the importance of this collaboration, noting that it aligns with India?s efforts to strengthen regional partnerships and promote sustainable energy practices. The agreement also underscores the mutual benefits of cross-border energy trade, which can help address energy shortages and support economic growth in both countries. Nepal?s decision to export electricity to India is seen as a milestone in the bilateral relationship, reflecting the deepening cooperation in the energy sector. It also aligns with Nepal?s ambitions to become a significant energy exporter in South Asia, leveraging its abundant hydropower resources. The export of 1,000 MW is expected to be the beginning of a more extensive energy exchange between the two countries, with potential for increased capacity in the future. Both India and Nepal are committed to ensuring the success of this initiative, which is poised to enhance energy security and economic connectivity in the region. This development is a testament to the robust partnership between India and Nepal and their shared vision for a more integrated and sustainable energy future.

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?