Indian Ambassador Meets IPPAN, Discusses Energy Trade
Summary
Indian Ambassador Naveen Srivastava met with the Independent Power Producers' Association, Nepal (IPPAN) to discuss cross-border electricity trade and cooperation, focusing on hydropower development and easing trade obstacles.
Key Points
- Indian Ambassador Naveen Srivastava met with IPPAN's new executive committee to discuss energy trade and cooperation.
- India aims to import 10,000 MW of electricity from Nepal by 2034 under a long-term agreement.
- IPPAN emphasized the private sector's vital role and requested smoother energy trade mechanisms, including access to India's Green Day Ahead Market.
- Both parties committed to resolving policy and technical challenges to enhance bilateral electricity trade.
