India and Nepal to enhance hydro power development mechanism


    New Delhi, Sep 04 (ANI): A conference titled ‘Enhancing India-Nepal Power Trading: Issues Involved’ brought together India and Nepal to address the issues in implementing the Power Trade Agreement signed in October 2014 between India and Nepal. The power trade agreement includes development of transmission interconnections, grid connectivity, power exchange and trading through governmental, public and private The conference was organized by the Confederation Industry of India in collaboration with Ministry of Power, Government of India. The forum was attended by officials from India and Nepal and experts from governmental and non-governmental organization. Nepal is immensely endowed with huge hydro power potential of 44000MW. The Government of Nepal is giving priority to develop its vast hydropower reserves in order to meet its growing demand for energy and power export to India. If and when hydropower projects in Nepal are completed, the country is likely to turn into a power surplus supplier, with the bulk of power being exported to India.

    Source : ANI