Aug. 22, Nepal Electricity Authority (NEA) has exported electricity worth Rs. 1.83 billion to India in a month (mid-July to mid-August) of the current fiscal year 2022/23.
The power utility has exported 242.68 million units of electricity saved from domestic consumption to India. The Authority is able to earn an average of Rs. 59.3 million per day in Nepali month of Shrawan from electricity export.
Electricity worth Rs. 3.88 billion was exported during the last fiscal year. About 735 MW of electricity generated from solar plants, Upper Tamakoshi and the private sector’s hydropower plants added to the national grid in the last fiscal year.
Managing director of NEA Kul Man Ghising said that it had succeeded in selling electricity through competition in the Indian market after the generation of electricity more than domestic demand during the rainy season with the addition of 735 MW only in the last fiscal year. He expressed confidence that permission will soon be obtained from the government of India for the export of more electricity.