Electricity exchange – another factor binding Nepal, India relations
In 1971, Nepal and India signed the “Power Exchange Agreement” according to which, both countries have been importing and exporting electricity on need basis.Recently, Nepal also signed the Power Trade Agreement with India according to which, it is importing electricity from 220 KVA Dhalkebar-Mujarrafpur transmission line from India’s NVVN (NTPC Vidhyut Vyapar Nigam).Nepal and India have also been exchanging electricity from various transmission lines, which range over one dozen.Nepal mainly has been exporting surplus electricity to India during the monsoon season when the production soars and consumption decreases during the night. Surplus electricity is being transported to Bihar, Uttar Pradesh and Uttarakhand.India has been paying 6 rupees 18 paise in Nepali currency to Nepal when it im