Nepal to push India for implementation of energy banking in high-level meeting next week

 

Nepal is preparing to push India for the implementation of energy banking between two countries as energy officials of the two countries are meeting next week to discuss various aspects of energy cooperation.

The joint steering committee involving energy secretaries of two countries is hosting its 13th meeting on December 10 and 11 virtually.

For the past few years, Nepal has been repeatedly requesting India for the full-fledged implementation of the programme so as to easily sell electricity generated in the country. Once, Energy Minister Barsha Man Pun even declared that provision was already into effect.

It has already been 14 months since India also agreed to make legal efforts to ensure implementation of the provision. However, the New Delhi government seems reluctant to keep its promise after that.

Meanwhile, Nepal is also preparing to talk about letting Nepal Electricity Authority trade in the energy exchange market of India.

Currently, Nepal has been importing electricity from India during winters. However, in the monsoons, it produces a significant surplus amount.

Nepal to push India for implementation of energy banking in high-level meeting next week