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Export of electricity worth Rs 5.92 billion resumes in September

Artha Sarokar

Kathmandu. The Nepal Electricity Authority (NEA) has exported electricity worth Rs 5.92 billion to India in the first half of the current fiscal year 2083/84. Although the production of some hydropower projects has been halted 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.

NEA’s Managing Director Dirgha Kumar Shrestha said that although some hydropower projects have stopped production due to floods, the transaction amount from electricity export has increased in September.

According to him, out of the total volume of electricity exported to India in September, around two-thirds was sold through bilateral agreements and the rest through IX.

Meanwhile, the export of 40 MW electricity to Bangladesh using India’s transmission system has resumed.

According to the data of NEA’s Electricity System Operation Department (Load Dispatch Center), a total of 63,39,86,08 units of electricity were exported to India in the month of September. The transaction from the sale of electricity amounted to Rs 5.92 billion.

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 export of electricity to India was worth Rs 4.96 billion. In the first three months of the current fiscal year, the transaction amount was Rs 5.09 billion. According to this, the export transaction amount has increased by Rs 96.2 crore compared to the same period last year and by Rs 83.25 crore compared to the same period last year. In the first three months of the current fiscal year, the total turnover from electricity exports was Rs 16.15 billion.

40 MW power export resumes to Bangladesh

The export of 40 MW of electricity from Nepal to Bangladesh using India’s transmission infrastructure has resumed from the evening of October 23. The export of electricity to the Indian state of Haryana was halted after the flood in the Trishuli River caused by the avalanche in the Bhotekoshi River in Rasuwa on August 23. The export of electricity to the Indian state of Haryana was partially affected after the floods damaged the hydropower station approved under the bilateral agreement.

NEA Executive Director Shrestha said that the export of electricity has resumed after the Central Electricity Authority of India got approval to export electricity produced from other hydropower stations to Bangladesh. According to the new provision, the power generated from Solu, Kabeli-1 and Lower Modi hydropower stations has been approved to be exported to Bangladesh and Haryana instead of Trishuli, Devighat and Chilime hydropower stations.

The Nepal Electricity Authority (NEA) and the Bangladesh Power Development Board (BPDB) signed a five-year agreement 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.

Meanwhile, an additional 31 MW of power has been allowed to be exported 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.

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