India agrees to purchase additional 326 MW electricity from Nepal

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Kathmandu: India has agreed to purchase additional 326 MW  electricity from Nepal through exchange.

Minister for Energy, Water Resources and Irrigation Pampha Bhusal told a press conference on Wednesday that India had agreed to purchase additional 335 MW of electricity from Nepal.

She said that Nepal has been allowed to sell additional 326 MW  electricity being produced by  NEA and one private company in the India Energy Exchange.

After an agreement was reached last Saturday in the presence of Prime Minister Sher Bahadur Deuba and Indian Prime Minister Narendra Modi, India agreed to take more electricity from Nepal.

Earlier, India had been buying only 15 MW of electricity from Devighat and 24 MW Trishuli hydropower projects but now it has agreed to buy 140 MW from Kaligandaki Hydropower Project, 67 MW from Marsyangdi Hydropower Project and 68 MW from Madhya Marsyangdi Project, said Minister Bhusal.

Similarly, Nepal will be able to sell 51 MW of electricity from Likhu Hydropower Project to India. According to the Ministry of Energy, Nepal is facing shortage of electricity due to the dry season but will start selling it to India as there will be more electricity in Nepal after July.