Thursday, February 18, 2016

NEA buys quanta of electricity from India

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For latest load shedding schedules, Type G<Space>Group No. and send SMS to 35001. (Eg: G1 for Group 1)

NTPC Vidyut Vyapar Nigam (NVVN), a wholly owned subsidiary of India’s state-owned NTPC is set to partner with Nepal Electricity Authority (NEA). A power trade agreement was signed among the two parties regarding the supply of electricity.

NEA is acquiring 80 MW of electricity approximately from NVVN. If everything goes as intended, NEA will start importing the electricity using the newly built Dhalkebar-Muzaffarpur transmission line from February 18.
The deal is set to be sealed at INR 3.44 (Rs 5.504) per unit.
NVVN has agreed to sell electricity to NEA, round the clock, at INR 3.44 (Rs 5.504) per unit.
“Although the tariff has been fixed, we are still working on other details. So, we couldn’t sign the deal today,” a senior NEA official said.
Once the deal is signed, NEA management will have to get an approval from its board of directors to implement the pact. Once they get the approval, NEA will start importing additional quanta of electricity from India. NEA currently imports around 250 MW of electricity from India.
This will however not impact the current load shedding hours since power generation from domestic hydro power has suffered a decline this year due to lack of water in rivers.

“Hydropower projects owned by NEA are currently generating around 210MW to 215MW of electricity, while power generated by projects owned by independent power producers has fallen below 100MW,” the NEA official said.
Load-shedding hours are expected to go down next winter if it is able to upgrade the capacity of Dhalkebar-Muzaffarpur transmission line.
“Although the construction of this line is complete, we still need to conduct few tests prior to importing around 80MW of electricity from India,” the official said. “We intend to complete all these tests soon.”

For latest load shedding schedules, Type G<Space>Group No. and send SMS to 35001. (Eg: G1 for Group 1)


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