The Nepal Electricity Authority (NEA) has exported electricity worth Nepalese rupees 13 billion (INR 8.15 billion approximately) during the first five months of the current fiscal year.
According to NEA officials, about 1.76 billion units of electricity worth Nepalese Rs 13.04 billion have been exported to India from mid-July to mid-December of the current fiscal year 2024-25.
Nepal has been exporting surplus electricity to India during the rainy season for the last few years, NEA spokesperson Chandan Ghosh said.
The average rate of electricity exported to India in the five months is Nepalese Rs 7.39 (INR 4.63 approximately) per unit.
The authority is selling the surplus electricity at competitive rates in the day-ahead and real-time markets of the Indian Energy Exchange and to the states of Haryana and Bihar as per the bilateral medium-term power sales agreement.
As a result, the authority has earned INR 8.15 billion by selling electricity during the review period as the trading