Floods threaten Nepal’s power export momentum; earning surges Rs 5 billion a month
Summary
Nepal’s electricity exports have topped Rs 5.09 billion in recent months, with power sold to Bangladesh and Indian states generating strong revenue. But the August 26 Bhotekoshi floods damaged hydropower infrastructure in Rasuwa and Nuwakot, forcing a halt in exports to Bangladesh and raising concerns over future trade.
Key Points
- Nepal’s electricity exports have earned more than Rs 5.09 billion in recent months, with sales to Bangladesh and India driving the growth.
- Bangladesh and the Indian states of Haryana and Bihar bought 421.62 million units of electricity under bilateral trading deals.
- Another 143.98 million units were exported through India’s electricity exchange market, generating about Rs 1.44 billion.
- The August 26 Bhotekoshi floods damaged hydropower facilities in Rasuwa and Nuwakot, disrupting generation and forcing Nepal to stop exports to Bangladesh.
