KATHMANDU, Aug 17: Nepal earned a profit of Rs 4.57 billion from power trade in the Fiscal Year (FY) 2024/25, according to the Nepal Electricity Authority (NEA). In a commitment letter issued by Executive Director Hitendra Dev Shakya on the occasion of NEA’s 40th anniversary on Sunday, it was revealed that electricity exports to India generated Rs 17.47 billion in revenue. However, electricity imports worth Rs 12.9 billion during the same period reduced the overall profit.
According to Shakya, with the latest electricity trade approval, Nepal has received clearance from the Government of India to export 1,010 megawatts of electricity generated from 30 hydropower plants. Last fiscal year, Nepal also began exporting 40 megawatts of electricity to Bangladesh.
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To facilitate cross-border electricity exchange, the NEA is advancing the construction of the 400 kV Inaruwa–New Purnia and Dodhara (Lamki)–Bareilly transmission lines with India, as well as the 220 kV Chilime–Rasuwagadhi–Kerung line with China. These transmission projects are considered crucial for achieving Nepal’s target of exporting 15,000 megawatts of power by 2025 and fulfilling the commitment to import 10,000 megawatts from India over the next decade, Shakya stated.
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