KATHMANDU, June 5: Electricity generated from the 144 MW connected power plant of Kaligandaki ‘A’ Power House owned by Nepal Electricity Authority (NEA) has been exported.
The NEA started exporting electricity generated from Kaligandaki powerhouse from Saturday midnight.
The NEA started exporting around 39 MW of electricity daily from the Trishuli and Devighat hydropower plants to the Indian Energy Exchange (IEX) from Thursday. NEA will export 177.7 MW of electricity to India. Of which, 140 MW of Kaligandaki ‘A’, 23.2 MW of Trishuli and 14.5 MW of Devighat will be exported to India.
Kaligandaki Hydro Project generates 96 MW of electricity daily
NEA is exporting the surplus energy to India after the power plants started running at full capacity due to the increased flow of water in the rivers with the arrival of monsoon.
NEA Managing Director Kulman Ghising said that the average selling price of electricity exported from Saturday night was Rs 11.2 (INR 7) per unit. "The maximum rate is Rs 19 (INR 12) per unit, the minimum is Rs 2.38 (INR 1.49) and the average rate is Rs 11.2 (INR 7)," Ghising said.
In IEX, 24 hours are divided into 96 blocks of 15/15 minutes and electricity is traded at competitive rates fixed by the market. So the price of each block is different.
Similarly, the authority on Saturday sold electricity at a maximum price of Rs 19.2 (INR 12) and a minimum of Rs 4.08 (INR 2.55) per unit. The average price is Rs 11.48 (INR 7.18).
Nepal has been allowed to sell up to 364 MW of electricity at competitive rates in the Indian Energy Exchange Market.
