August 20, 2024
The decision was made during bilateral talks between Nepalese Foreign Minister Arzu Rana Deuba and Indian External Affairs Minister S Jaishankar
The agreement reflects the growing energy cooperation between the two nations under India's 'Neighbourhood First' policy
Deuba described the talks as productive and expressed confidence in further strengthening the Nepal-India relationship
The discussions also acknowledged recent advancements in connectivity and infrastructure projects between the two countries
India has granted Nepal permission to export an additional 251 MW of electricity, bringing the total export capacity to 1,000 MW. This decision was reached during bilateral discussions in New Delhi between Nepalese Foreign Minister Arzu Rana Deuba and Indian External Affairs Minister S Jaishankar.
During the talks, both ministers acknowledged the importance of their countries’ growing energy cooperation. The additional 251 MW approval is a significant step in deepening this cooperation, aligning with India’s ‘Neighbourhood First’ policy. With this new agreement, Nepal’s electricity exports to India will now total 941 MW, generated from 28 hydropower projects. This is a substantial increase from the previous export level of 690 MW from 16 projects.
Deuba, who chose India as her first official destination abroad, described the discussions as productive. They focused on a wide range of bilateral interests, including energy, trade, and infrastructure development. She expressed confidence that her visit would strengthen the long-standing ties between Nepal and India.
The talks also touched on the recent advancements in infrastructure connectivity between the two nations. These include physical, digital, and energy connectivity progress, demonstrated by ongoing projects such as roads, bridges, Integrated Check Posts, cross-border railways, and petroleum pipelines.
Source: Economic Times