Kathmandu: The Nepal Electricity Authority (NEA) has invited tenders to sell the electricity to be surplus in Nepal during the monsoon at competitive rates in India.
The state-owned power authority on Friday called for tenders seeking proposals from Indian companies for the sale of 200 MW of electricity generated from hydropower projects in Nepal for five months.
Open access consumers, regulated utilities, distribution companies, and traders having a valid trading license issued by the Central Electricity Regulatory Commission (CERC), Government of India, are eligible to participate in this bid, said NEA Manging Director Kulman Ghising.
“We have received approval to sell up to 364 MW of electricity in the Indian market. Out of this, tenders have been called to sell 200 MW,” said NEA Manging Director Ghising. “The remaining electricity will be sold on the Indian Energy Exchange (IX). Electricity will be provided to the selected eligible companies from July 1 after completing the entire tender process.”
India had recently allowed Nepal to sell an additional 325 megawatts of electricity in the Indian market. During a recent visit by Prime Minister Sher Bahadur Deuba to India, the southern neighbor had turned positive on the export of surplus electricity.
At present, Nepal is purchasing electricity from India. The excess electricity produced in Nepal during the rainy season will be sold in the Indian market.
Comment