Electricity Bond of friendship: Nepal exports electricity worth a billion Nepali rupees to India
Kathmandu: As a part of the close bond shared between the two neighbouring nations, Nepal has exported electricity worth one billion Nepali rupees to India in the last fiscal year.
The development was published in a report published by the Nepal Electricity Authority (NEA).
In 2076-77 (2019-20) fiscal year, Nepal was able to export electricity worth 95 crores 70 lakhs Nepali rupees to India as per a power deal signed by the two countries, reports ANI.
Earlier, the Himalayan nation had set a target of selling nine crore units of electricity while it was able to send 10 crores and 70 lakh units last year, the NEA report said.
A senior official said Nepal exported a total of two crores and 96 lakh units of electricity to India between mid-September and November.
"It was the highest flow of electricity during the fiscal year of 2076-77. The least was recorded between mid-April and May when 10,000 thousand units were only exported," Prabal Adhikari, spokesperson at NEA, told ANI.
"It was transported to India via Kushwaha-Kataiya, Parwanipur-Raxaul, Dhalkebar-Muzaffarpur and Ramnagar," he added.
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