Nepal has began exporting an extra 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 keeping with the Nepal Electricity Authority (NEA), the state-owned energy utility physique.
The common charge of promoting electrical energy was round Rs 7, in keeping with 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 mentioned.
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),” mentioned 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 personal 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 firms 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 obtained approval from the Indian aspect 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 produce extra 326 MW to be traded within the Indian power-exchange market.
Nepal will be capable to export electrical energy to India until mid-November, and based mostly on the prevailing preparations, it will possibly earn as much as 14 billion Nepali Rupees from the Indian market over the following five-and-half month interval, in keeping with the NEA officers.
Nepal grew to become vitality surplus ever because the 456 MW Upper Tamakoshi Hydropower Project got here into full operation in August final yr, the Himalayan Times report mentioned in November final yr.
Source: www.financialexpress.com”