The government will import 500 megawatts of electricity from Nepal, said the power and energy ministry in a press release recently.
“We have almost finalized importing power from Nepal’s Karnali hydropower project through GMR Group,” said State Minister Nasrul Hamid presenting a keynote at a “power summit” in Kathmandu.
Nepal is the second country from where electricity is being imported. Bangladesh first bought 1,160MW of electricity from India.
Officials of the Power Division said the purchase rate was finalized at 7.72 cents per kilowatt-hour.
The rates with India vary with a majority being 7.79 cents.
“We are also interested in importing electricity from Bhutan,” added Hamid.
“Nepal and Bhutan can also get power from us during the winter season as demand for electricity falls here during the season and increases in Nepal and Bhutan,” he said.
Hamid said such cooperation could also be enhanced with the Seven Sister States of India.
