Nepal Electricity Authority Achieves Historic Milestones in Power Generation and Financial Health
Summary
Nepal Electricity Authority says installed generation capacity has reached 4,120 megawatts, customer numbers have climbed to 5.927 million, and profits have risen sharply as Nepal expands power production and exports. The utility also highlights major transmission and distribution upgrades, including Karnali’s first connection to the national grid and growing cross-border electricity trade with India.
Key Points
- Installed electricity generation capacity in Nepal has reached 4,120 megawatts, with 529 megawatts added in the latest fiscal year.
- Nepal Electricity Authority reports revenue of Rs. 166 billion and a profit of Rs. 31.23 billion, alongside rising electricity exports to neighboring countries.
- Karnali Province has been connected to the national grid for the first time through a 132 kV transmission network, while underground distribution work is expanding in major cities.
- The Authority says it is pursuing 28,500 megawatts of installed capacity by 2035 and expanding solar, reservoir, pumped-storage, and cross-border transmission projects.
