Electricity export has increased and import decreased in the six months of the current fiscal year, 2021/22.
In the fiscal year, 2020/21, power worth Rs 316 million was exported to India.
The figure increased to Rs 805 million in six months of the current FY.
Similarly, the import had increased to Rs 21.8 billion in the FY, 2020/21 from Rs 13.4 billion in the FY, 2019/20.
But, the country imported power worth Rs 2.5 billion till now in the current fiscal year.
Amounts to be used to import electricity could not exceed Rs 10 billion throughout the current FY, said Executive Director at Nepal Electricity Authority (NEA), Kulman Ghising.
Demand of power within the country has increased by approximately 200 megawatts as compared to the previous year.
Approximately 660 megawatts power has been added.
Similarly, in the six months of the current FY, electricity leakage has dropped to 14.45 percent from 17.18 percent in the previous FY.
The NEA aims to limit leakage to 15.5 percent in the current FY.
Nepal was suffering nearly 18 hours of load shedding in the past. This has created a huge crisis in the country and a harsh criticism was there by the general public.
The people felt a huge relief after the governments managed to import power from India. Likewise the government also focused on hydro development, both small, medium and large scale projects.
Within some years, the country would be self sufficient in power because nearly 2000 mega watt projects are currently under construction. Not only that, the public private partnership is growing in this sector.
The 900 mega watt Arun III is under construction by Satluj of Indian government company. It’s progress is heading towards good way. The Satluj will be exporting power to Indian market. The same company has already received another project there in lower Arun.
These projects will definitely improve Nepal’s capacity to generate power and export to her neighboring countries including China and India.
