India approves 18-hour daily power exports to Nepal until Dec 31
Summary
India has approved electricity exports to Nepal for 18 hours a day until December 31 to help cover shortages after last month’s devastating floods damaged hydropower plants. Nepal, which had been exporting surplus power during the rainy season, is now relying on imports as it seeks funds for rebuilding.
Key Points
- India has approved power exports to Nepal for 18 hours a day, with supply authorized up to 654 megawatts until December 31.
- The decision follows catastrophic floods in Nepal and Tibet that wiped out nearly a tenth of Nepal’s generation capacity and damaged major hydropower plants.
- Nepal’s surplus electricity exports to India and Bangladesh were halted after the floods hit Rasuwa and Nuwakot.
- Nepali authorities are also seeking financial assistance from foreign governments and global agencies for reconstruction.
