Nepal has began exporting a further 144 MW of electrical energy generated by its Kaligandaki hydropower plant to India via its energy alternate market.
Buoyed by steady rainfall this yr, the Himalayan nation is exporting surplus electrical energy to India via its energy alternate marketplace for the second consecutive yr, in response to the Nepal Electricity Authority (NEA), the state-owned energy utility physique.
The common price of promoting electrical energy was round Rs 7, in response to Pradeep Thike, Deputy Chief of the Nepal Electricity Authority.
The NEA began exporting the extra electrical energy generated by its Kaligandaki hydropower plant to India from Saturday midnight.
The electrical energy is being exported to India underneath the Nepal-India energy alternate settlement, Thike stated.
The NEA earlier began promoting 37.7 MW electrical energy generated by its 24 MW Trishuli and 15 MW Devighat energy vegetation from Wednesday midnight after the Himalayan nation’s energy vegetation began producing surplus vitality.
“After the addition of electricity generated from 144 MW Kaligandaki Hydropower Project, Nepal will be selling a total of 178 MW electricity to India through India Energy Exchange Limited (IEX),” stated Thike.
On April 6, India allowed the NEA to promote extra 325 MW of electrical energy generated from 4 hydel tasks — Kali Gandaki (144MW), Middle Marsyangdi (70MW), and Marsyangdi (69MW) — all developed by the NEA, and Likhu 4 Hydropower Project with 52.4MW capability, developed by the non-public sector.
This is the second yr in a row that the Himalayan nation is promoting electrical energy to India via its alternate market.
With the onset of monsoons, hydropower vegetation in Nepal have been producing extra electrical energy from the elevated water ranges within the Himalayan rivers.
Last month, it had invited bids from Indian corporations to promote its 200 MW surplus vitality within the upcoming monsoon season underneath a long-term energy buy settlement.
During the current go to of Nepal Prime Minister Sher Bahadur Deuba to India, Nepal had acquired approval from the Indian facet to export as much as 364 MW of electrical energy to the Indian vitality market.
The IEX underneath India’s Power Ministry had granted the NEA permission to provide extra 326 MW to be traded within the Indian power-exchange market.
Nepal will have the ability to export electrical energy to India until mid-November, and based mostly on the present preparations, it may well earn as much as 14 billion Nepali Rupees from the Indian market over the following five-and-half month interval, in response to the NEA officers.
Nepal turned vitality surplus ever for the reason that 456 MW Upper Tamakoshi Hydropower Project got here into full operation in August final yr, the Himalayan Times report stated in November final yr.