The government has announced that the Nepal Electricity Authority (NEA) will reap direct benefits from the establishment of two new cross-border transmission lines, which will be collaboratively developed by Nepal and India.
An accord has already been formalized between both nations to construct two additional 400 kV transmission lines: the Inaruwa–Purnia line and the Dododhara–Bareilly line, aimed at bolstering electricity exchange and grid interconnectivity between Nepal and India.
As per Sandeep Kumar Dev, Joint Secretary at the Ministry of Energy, Water Resources, and Irrigation, a collaborative venture will be established involving NEA and Power Grid Corporation of India Limited to implement the projects. In this setup, NEA will retain a 51 percent ownership stake in the segment of the transmission line developed within Nepal, while it will possess a 49 percent interest in the section built in India.
The ministry conveyed that the establishment of these international transmission lines is a fundamental priority for guaranteeing a dependable marketplace for the surplus electricity produced by Nepal’s hydropower initiatives. This effort is anticipated to bolster energy collaboration, enhance the effectiveness of cross-border power trading, and further Nepal’s ambition to emerge as a significant exporter of clean electricity to its neighboring nations.
