India proposes to supply 500 MW electricity to Nepal

Kathmandu, Mar 24 (ANI): Power Trading Corporation (PTC) of India has proposed to supply additional 500 MW electricity to Nepal.

Nepalnews quoted Shankar Prasad Koirala, secretary at the Ministry of Water Resources, as saying that PTC had stated in a letter to the ministry that it could provide 500 MW in 18 months if Nepal government agreed to its proposal.

PTC could maintain the supply for next 20 to 25 years with a single unit costing IRs three (NRs 4.80).

Nepal Electricity Authority (NEA) has declared that the country will have to cope with load-shedding for next five years due to a huge gap in demand and supply of power.

High voltages cross border transmission lines need to be constructed to import electricity in large quantity. If the proposal is accepted cross-border transmission lines will be constructed from Muzzafarpur of India to Dhalkebar of Nepal.

The proposal mentions India will construct the transmission lines up to Nepal border and Nepal should construct the transmission lines from Nepal border. (ANI)