September 28, 2026, Monday
English

The claim of the Ministry of Energy that the authority will also get the benefit of the international transmission line

Main News Image

Kathmandu. The government has made it clear that the Nepal Electricity Authority will also receive the benefits from the international transmission line to be built between Nepal and India. An agreement has been signed between Nepal and India for the construction of two more 400 kilovolt capacity international transmission lines between Inaruwa-Purnia and Dododhara-Bareli in joint investment.

The decision was taken in the 12th meeting of the Joint Board of Directors JAC and to implement the same decision, the 'Joint Venture' and 'Shareholders Agreement' regarding the establishment of a joint company between Nepal Electricity Authority and Power Grid Corporation of India Limited was recently completed. 

According to the same agreement, the joint secretary of the Ministry of Energy, Water Resources and Irrigation Sandeep Kumar Dev informed that the share of Nepal Electricity Authority will be 51 percent respectively in the joint company to be established in Nepal and India for the construction of the Nepali section and the Indian section of these two transmission lines. 
Similarly, the authority's share in the transmission line to be built in the Indian section will be 49 percent. Joint Secretary Dev mentioned that the authority has done 'capacity booking' on that transmission line. 

So far, the authority has signed an electricity purchase and sale agreement with a capacity of 11,433 megawatts. Among the applications received for the purchase and sale of electricity equal to 12 thousand 646 megawatts, the grid connection agreement of 5 thousand 230 megawatts has been completed. 
The ministry has clarified that the power purchase and sale agreement has been completed and the construction of the international transmission line has been prioritized to ensure the market for the electricity produced by the power project for which applications have been submitted for power purchase and sale. 

Currently Dhalkewar-Muzaffarpur 400 kilovolt capacity inland electricity transmission line is operating. Similarly, the New Butwal-Gorakhpur kilovolt capacity international electricity transmission line is under construction. The construction of the transmission line will be completed in 2026.

mediabaaji add

Related News

Monitoring of 56 commercial firms in one day

Kathmandu. The Department of Commerce, Supply and Consumer Protection has monitored 56 commercial firms on the same day at various locations in Kathmandu on Wednesday. The department has conducted on-site monitoring of firms, shops and commercial...

Government's crackdown on cooking oil, ban on reusing old utensils to misleading advertisements

Kathmandu. Keeping in mind the quality, purity and health safety of the consumers of edible oil sold in the Nepali market, the government has prepared to tighten production, packaging and sales distribution. The Nepal Quality and Weights and Measu...

A modest increase in NEPSE, turnover above 11.49 billion

Kathmandu. On the third trading day of the week, the NEPSE index increased by 5.38 points to 2731.89. During the day, 236 million 18 thousand 186 shares of 334 companies were bought and sold, amounting to 11 billion 49 million 39 million shares. T...

Stock market of the week: NEPSE increased on all five days of trading

Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...

The new exchange rate of foreign currency is set, what is the price of US dollar and pound?

Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one American dollar is fixed at 154 rupees 21 paisa and the selling rate is 154 rupees 81...

Increasing Nepalese access to financial services: significant improvement in the index

Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...