India-Nepal
India, Nepal strengthen power sector cooperation
The Minister for Energy, Water Resources and Irrigation of Nepal, Kulman Ghising, met with the Union Minister of Power and Housing & Urban Affairs, Manohar Lal, in New Delhi on Wednesday, when they focused on strengthening the ongoing cooperation between the two nations in the power sector.
The discussions encompassed a wide range of issues, including the progress on development of hydropower projects in Nepal.
"The two sides also deliberated on regional grid connectivity initiatives aimed at facilitating cross-border electricity trade, strengthening energy security, and promoting greater integration of clean energy resources between India and Nepal," read a statement issued by the Indian government.
In the august presence of Manohar Lal and Kulman Ghising, Joint Venture and Shareholders’ Agreements (JV&SHA) were signed between POWERGRID, a Maharatna Central Public Sector Enterprise (CPSE) of India, and the Nepal Electricity Authority (NEA).
These agreements are for the incorporation of two joint venture entities - one in India and one in Nepal - for the development of high-capacity cross-border power transmission infrastructure.
The proposed Cross-Border Transmission System Projects include the development of the Inaruwa (Nepal) – New Purnea (India) 400 kV Double Circuit (Quad Moose) Transmission Link and Lamki (Dododhara) (Nepal) – Bareilly (India) 400 kV Double Circuit (Quad Moose) Transmission Link. Once completed, these transmission corridors will substantially enhance the electricity exchange between India and Nepal, strengthening regional energy security, improving grid resilience, and contributing to sustained economic growth in both nations.
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