Nepal to Export Nearly 1,000 Megawatts of Electricity to India

On 19th August, 2024, India's External Affairs Minister (EAM) announced that Nepal will export close to 1,000 megawatts of electricity to India, marking a significant milestone in bilateral relations.

Key Points

Major Export Milestone: External Affairs Minister described Nepal's decision to export electricity to India as a "new milestone" during a press conference after talks with Nepalese Foreign Minister Arzu Rana Deuba.
Focus on Bilateral Cooperation: The ministers discussed enhancing cooperation in energy, trade, connectivity, and infrastructure development, reflecting the multifaceted ties between the two nations.
Strategic Importance: Nepal holds significant strategic importance for India, sharing over 1,850 km of border with five Indian states and relying heavily on India for the transportation of goods and services.
Neighborhood First Policy: EAM emphasized India's "Neighbourhood First" policy, highlighting the deep cultural and people-to-people connections that continue to propel India-Nepal relations forward.