By Karuna Thapa
Kathmandu, March 23
Due to rising rates, daily power imports from India to Nepal have been reduced by nearly 70%. As a result, electricity delivery has been disrupted in order to meet demand.
Because the river’s water level is decreasing, the majority of the energy will have to be imported from India in April. According to NEA spokesperson Suresh Bahadur Bhattarai, India needs to import 12,000 MW/hour of power on a daily basis.
However, he stated that importing power into India was challenging due to the high cost. ”As our prices have risen, we are not receiving the bids we require to purchase power,” he explained.
As a result, the NEA has begun to reduce the supply of electricity to enterprises.
Since the Ukraine-Russia conflict started, India’s electricity prices have risen. Nepal buys power from India at a reasonable price. The authority’s bids were rejected because power was distributed in India at massive costs.
After the price rise, even the ATPC Power Trading Corporation of India and the Electricity Trade Corporation of India, who had signed power purchase agreements with India were unable to secure power delivery. This is regarded as a crisis for the government.
