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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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November 3: The energy trade between Nepal and India has entered into a new phase after Nepal received permission for trading power in the Indian energy market at a competitive rate. India’s Power Ministry on Monday granted permission for Nepal’s energy to be traded in Indian power exchange market.
Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market
Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.
"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.
NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.
In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
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<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
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<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Prior to this, India had allowed Nepal only to purchase electricity from the Indian energy exchange market</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">Chief Executive of Nepal Electricity Authority (NEA) Kulman Ghising confirmed that the Indian government has granted permission to the NEA to sell electricity to the Indian energy exchange market.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">"So far, Nepal has been unofficially selling surplus energy to India. But now, we have officially entered the power trade market," said Ghising.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">NEA had submitted an application to the Energy Ministry of India to become a member of the India energy exchange market. On the basis of the same application, India had allowed Nepal to purchase energy at a competitive rate since April 30. Now, India has also allowed Nepal to export energy at a competitive rate.</span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-family:"Arial Unicode MS","sans-serif"">In the first phase, NEA has been permitted to sell 39 MW of electricity, including 24-MW produced from NEA-owned Trishuli Hydropower Project and 15-MW Devighat Power House in the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">The NEA has already started exporting the energy through Dhalkebar-Mujaffapur 400-KV cross-border transmission line effective from Tuesday midnight (November 3). Until now, this transmission has been used only to import power. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister for Energy, Water Resource and Irrigation Pampha Bhusal said Nepal has become the first country in South Asian region to enter into an agreement for power import and export to and from the Indian energy exchange market. </span><br />
<span style="font-family:"Arial Unicode MS","sans-serif"">Minister Bhsual said that Nepal has been permitted to trade power with India after continued efforts at political, diplomatic and administrative levels. This is a milestone for power trade between the two countries, added Minister Bhusal. </span></span></span><br />
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