KATHMANDU: Nepal exported electricity worth Rs 16.93 billion to India during the last fiscal year, according to the Nepal Electricity Authority (NEA).
The export mainly occurred during the monsoon season when the country had excess hydropower production, with electricity being sold at Rs 8.72 per unit.
Conversely, Nepal imported electricity worth Rs 16.81 billion from India during the same period.
This import was necessary to meet the country’s electricity demand during the dry season when hydropower production declines.
The cost of imported electricity averaged Rs 9.17 per unit.
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