India positive about purchasing Nepal’s surplus energy

Kathmandu, February 25

India says it is positive about purchasing Nepal’s surplus energy in the monsoon where the country’s hydropower projects’ productivity increases.

During a meeting of the joint steering committee (JSC) consisting of energy secretaries of Nepal and India held in Kathmandu on Wednesday and Thursday, Indian officials said they would respond to different proposals of the Nepal Electricity Authority in this regard positively.

The authority has requested India to approve the proposal to sell 850 megawatts of surplus energy to India before the monsoon this year.

Meanwhile, an agreement has been reached to form a joint task force on a proposal to construct a hydropower project with joint investments of Nepal and India. The task force will have a maximum of three members from both countries.

As per the proposal, a company will be established at the governmental level of both countries and this company in the first phase will build a hydropower project with joint investments.

In the meeting, issues including existing transmission lines between the two countries, under-construction and proposed intercountry transmission line, the Arun III Hydropower Project and transmission line and intercountry power trade were discussed, says Joint Secretary Chiranjivi Chataut, a member of the Nepali delegation.

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