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140 MW Electricity from Kaligandaki Exported to India

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140 MW Electricity from Kaligandaki Exported to India
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June 5: Nepal Electricity Authority (NEA) has made arrangements to export 140 MW of electricity generated from the 144 MW Kaligandaki A Power House owned by the state-owned utility to India since Saturday night.

NEA has been exporting 37.7 MW of electricity daily to the Indian Energy Exchange (IEX) since Thursday from the electricity generated by Trishuli and Devighat hydropower plants. NEA informed that arrangements have been made to export 140 MW of electricity generated by Kaligandaki to India.

The NEA exported the surplus energy to India after the power house started operating in full capacity due to increased flow of water in the river with the onset of rainy season. NEA’s Executive Director Kul Man Ghising said that the average selling price of electricity exported now is NRs 11.2 per unit (IRs 7).

“The maximum rate is NRs 19 (IRs 12) per unit, minimum NRs 2.30 (IRs 1.49) and average is NRs 11.2 (IRs 7),” said Ghising.

In IEX, 24 hours are divided into 96 parts of 15/15 minutes and electricity is traded at competitive rates fixed by the market. This causes price variation in each block.

According to the NEA, the maximum and minimum prices of electricity exported since Thursday is IRs 12 (NRs 19.2) per unit and IRs 2.49 (NRs 3.9) per unit, respectively. The average price of that day is IRs 6.72 (NRs 10.76) per unit. Nepal is allowed to sell up to 364 MW of electricity at competitive rates in the Indian Energy Exchange Market.

 

 

 

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