KATHMANDU: Nepal Electricity Authority (NEA) has exported electricity worth Rs 5.92 billion to India in the current fiscal year (2083/84).
Although the production of some hydropower projects has been stopped due to floods and exports have been affected, the transaction amount from electricity exports has increased in September this year compared to September and September of the current fiscal year. Meanwhile, the export of 40 MW of electricity to Bangladesh using India’s transmission system has also resumed.
According to the data of the Electricity System Operation Department (Load Dispatch Center) of the Nepal Electricity Authority, a total of 63 crore 39 lakh 86 thousand 8 units of electricity was exported to India in the month of September. The transaction was worth Rs 5.92 billion from the sale of electricity.
In the month of September, electricity was exported to India through two means. According to the bilateral power sale agreement, electricity was sold in the Indian states of Haryana and Bihar, while the rest of the power was sold at competitive rates in the day-ahead and real-time market of the Indian Energy Exchange Market (IX).
NEA has been exporting the surplus rainy season power to India and Bangladesh every year by meeting the demand within the country. According to the bilateral medium-term power sale agreement, electricity is sold in the states of Haryana and Bihar from June to October.
In the month of September 2018, the transaction of electricity exports to India was Rs 4.96 billion. In the current fiscal year, the transaction amount was Rs 5.09 billion.
According to this, the export turnover has increased by Rs 96.2 crore in September this year compared to the same period last year and by Rs 83.25 crore compared to September. In the first three months of the current fiscal year, the total turnover from electricity exports was Rs 16.15 billion.
Executive Director of Nepal Electricity Authority (NEA) Dirghayu Kumar Shrestha said that although the production of some hydropower projects approved for export was halted due to floods, the transaction amount from electricity exports increased in September. According to him, about two-thirds of the total electricity exported to India in September was sold through bilateral agreements and the rest through IX.
40 MW power export to Bangladesh resumed
KATHMANDU: The export of 40 MW of electricity from Nepal to Bangladesh using the transmission infrastructure of India has resumed on Friday evening.
The export was halted after the flood in the Trishuli River caused by the avalanche in the Bhotekoshi River in Rasuwa on August 26 damaged the Trishuli and Chilime hydropower plants approved for export to Bangladesh. The export of electricity to the state of Haryana, India, was partially affected due to the floods which damaged the hydropower station approved under the bilateral agreement.
Executive Director of Nepal Electricity Authority (CEA) Dirgha Kumar Shrestha said that the export of electricity has resumed after the Central Electricity Authority of India got approval to export electricity to Bangladesh. Executive Director Shrestha said that the export of electricity from other hydropower projects and the resumption of exports to Bangladesh despite the impact on the production and transmission structure of the hydropower projects affected by the floods is an important achievement for Nepal’s electricity trade.
He said that the project is expected to help manage the market of surplus electricity produced during the rainy season and expand regional electricity trade.
As per the new provision, power generated from Solu, Kabeli-1 and Lower Modi hydropower plants will be exported to Bangladesh and Haryana instead of Trishuli, Devighat and Chilime hydropower stations.
A five-year agreement was signed between the Nepal Electricity Authority (NEA) and the Bangladesh Power Development Board (BPDB) on October 1, 2081 for the export of electricity during the rainy season. According to the agreement, 40 MW of electricity is exported to Bangladesh daily during the six months from June 15 to November 15 every year.
Electricity export capacity about 1,179 MW
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Meanwhile, an additional 31 MW of power export permission has been received from the Central Electricity Authority of India. With the new permission, the total power capacity approved for export to India has reached about 1,179 MW.
