Kathmandu. Nepal Electricity Authority (NEA) has said that the country is exporting over 1,000 MW of surplus electricity on a daily basis.

According to NEA Managing Director Manoj Silwal, electricity worth Rs 15 billion has been exported since mid-July of the current fiscal year 2082÷83.

The power is being sold in the states of Haryana and Bihar at competitive rates in the day-ahead and real-time market of the Indian Energy Exchange (IX) and as per the bilateral medium-term power sale agreement.

Bangladesh is exporting 40 MW of electricity daily using India’s transmission infrastructure. Electricity trade with India is done in Indian rupees and up to Bangladesh in US dollars.

Therefore, we are earning Indian rupees and dollars from the sale of electricity. Nepal Electricity Authority (NEA) has received permission to export 1165 MW of electricity from India and Bangladesh.