Power
Nepal to Export Additional Electricity to India
Nepal and India have sealed a pact, inked during a high-level diplomatic visit, that paves the way for Nepal to export a staggering 10,000 megawatts (MW) of electricity to India over the next decade, a substantial surge from the current 450 MW
Released Friday, January 12, 2024
Researched by Industrial Info Resources (Sugar Land, Texas)--Nepal and India have sealed a ground-breaking long-term agreement set to revolutionize their energy landscapes. The recent pact, inked during a high-level diplomatic visit, paves the way for Nepal to export a staggering 10,000 megawatts (MW) of electricity to India over the next decade, a substantial surge from the current 450 MW.
Leveraging Nepal's abundant hydropower potential, the accord is emblematic of a strategic alliance fostering robust energy collaboration between Nepal and India. The successful partnership underscores India's support in nurturing Nepal's hydroelectric projects along its river basins, with several projects already operational and others in the pipeline.
From a regional perspective, the pact holds far-reaching implications. It signals a paradigm shift in the dynamics of South Asian cooperation, setting a precedent for mutually beneficial energy engagements among neighboring countries.
Industrial info is tracking 312 hydropower projects in Nepal, worth US$69.4 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
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