Average rate of 1 billion 76 million units of electricity in rainy season is 7 rupees 39 paise per unit
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In the first 5 months of the current fiscal year 2081/82, electricity worth 13.4 billion rupees has been exported to India. The Nepal Electricity Authority has exported 1.76 billion units of electricity to India during the current financial year in July, August, October, October and November.
The average rate of electricity exported to India in four months is 7 rupees 39 paise per unit.
The authority is selling the surplus electricity consumed within the country in the day-ahead and real-time market of Indian Energy Exchange (IX) at a competitive rate and in accordance with the bilateral medium-term electricity sales agreement in the states of Haryana and Bihar. Electricity trade with India is done in Indian rupees (Bharu). Therefore, the authority has earned 8 billion 15 million baht by selling electricity.
In July, the highest amount of electricity was exported in the amount of 4.15 billion rupees, while in November, the lowest amount was exported in the amount of only 280.14 million rupees. Electricity worth Rs 3.68 billion in August, Rs 3.7 billion in October and Rs 1.87 billion in October was exported to India.
Kulman Ghising, executive director of the authority, said that exports were affected when electricity production was stopped due to the damage to the 456 megawatt upper Tamakoshi hydropower station due to the floods in October. Executive Director Ghising mentioned that due to the closure of Upper Tamakoshi, the export of electricity decreased in the following months and the production of hydropower projects decreased with the onset of the dry season.
Now the export of electricity has stopped and the import has started. With the onset of winter, when the flow of water in rivers and streams decreases, the production of hydropower projects will decrease and electricity will have to be imported in the few months of winter to meet the electricity demand in the country. After the water flow in rivers and playgrounds starts to increase, the production will increase and then the export of electricity will start again. From this year, 40 MW of electricity has been exported to Bangladesh through India.
In the current financial year, the electricity export target is about 30 billion rupees. It is seen that the export target will be affected due to the damage to hydropower projects and transmission lines due to floods. The flood caused damage to Upper Tamakoshi and other small hydropower projects and the Kabeli Corridor transmission line. When the Kabeli Corridor was damaged by the flood in Mykhola, the power generation of around 200 megawatts of various projects connected to the line was stopped. Because of this, electricity exports in October and October were affected.
Upper Tamakoshi is undergoing maintenance work to be put into operation by the 10th of this year, while the Kabeli Corridor transmission line has been reconstructed and has been put into operation. With the onset of winter, the flow of water in rivers and streams will decrease, so the power generation of hydropower projects will decrease. Since the production will only meet the domestic demand, the export of electricity will gradually decrease.
The authority has so far received approval to sell 941 MW of electricity produced by 28 projects in the Indian market in accordance with the competitive market and medium-term electricity sales agreement. In the last fiscal year, electricity worth 16.93 billion rupees was imported from India. Electricity worth 17.6 billion rupees was exported during this period. In the last financial year, Nepal became a net exporter of electricity from being a net importer of electricity by exporting 130 million rupees more than imports.
India's electricity exports in five months
Monthly electricity exports (Rs) Average rate per unit (Rs)
July 4 billion 15 crores 8.35
August 3 billion 68 million 6.70
October 3 billion 7 million 8.50
October 1 billion 87 million 6.29
November 28 million 14 million 4.64
Total 13 billion 4 million 7. 39
Source: Nepal Electricity Authority
