Managing Director of Nepal Electricity Authority Kulman Ghising said that the two hydropower projects based in Nuwakot have been exporting 39 megawatts of electricity to India since Wednesday midnight. The projects had supplied power to India last year also.
As the water level in Nepal’s rivers has significantly increased due to timely rains, the generation of electricity from all projects have drastically increased.
MD Ghising said that the projects supplying the surplus production to India are the 24 MW Trishuli Hydropower and the 15 MW Devighat Project.
The total power production in Nepal at the time is 2,300 MW and some projects are likely to come into operation by the end of the current fiscal year.
The current peak demand for electricity in the country is 1,643 megawatts.
Peak demand describes the periods when the electricity use reaches the highest and the demand normally remains high in the morning and evening hours and the demand goes down during the day and night hours.
When there is oversupply, the electricity goes to waste and to deal with the situation Nepal Electricity Authority (NEA) has started selling surplus power to India.
MD Ghising said that NEA is selling its electricity thorughcompetitive energy exchange market of India. He said that Nepal exports and imports electricity on the basis of blocks that are fixed every 15 minutes. The price of each block also varies based on the demand.
Now demand for electricity is excessively high in India following a significant temperature rise there and the ceiling price of the purchase and sale of electricity is IRs 12 (Rs 19.20) per unit.