Nepal to export 10,000 MW of electricity to India for 10 years

Vibrant Gujarat Global Summit 2024: Finance Minister of Nepal, Prakash Sharan Mahat says “Nepal and India have signed a long-term power purchase agreement of exporting 10,000 MW of electricity to India over ten years of time. This will immensely open up investment opportunity in hydropower in Nepal. It will also contribute to achieve green energy transition target, not only for Nepal but also in India. Situated between two global economic powers, Nepal has adopted liberal, market-oriented economic policy since the early nineties and is a member of several international organizations and multilateral agencies, and we are implementing trade and investment policies and regulation of international standards.”