India and Nepal are set to sign a long-term energy deal next week that would involve New Delhi importing 10,000 megawatts of electricity from the Himalayan state over the next 10 years. During Prime Minister Prachanda’s recent India visit the two sides had agreed in principle that India would import 10,000 megawatts of electricity from […]
ADB Funds Rural Roads in Nepal – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $100 million concessional loan from ADB’s ordinary capital resources for the additional financing of the ongoing Rural Connectivity Improvement Project that is upgrading rural roads and enhancing rural communities’ access to markets in Nepal. “As a landlocked country, upgrading and connecting rural roads to […]
Nepal wants to attract Indian investments in energy sector, seeks alternative air routes: Foreign Minister Saud – EQ Mag
Kathmandu : Nepal wants to attract more Indian investments in its energy sector specifically for the development of hydro-power, Nepal’s Foreign Minister NP Saud said on Wednesday, underlining that the Himalayan nation wants a power deal with India so that it can export electricity to Bangladesh as well by utilising the Indian grid. Foreign Minister […]
Nepal to host power summit to explore energy markets on apr 18 19 – EQ Mag
Nepal is to host the Power Summit 2013 at a joint initiative of Indian and Nepalese companies to meet its energy crisis by hastening the pace of hydropower development through foreign investment. The Summit aims to meet domestic power demand through increased investment in the power sector, invite foreign investment in hydropower and to prepare […]
Nepal proposes selling an additional 222 MW of electricity to India – EQ Mag Pro
Kathmandu : Nepal has proposed selling an additional 222 MW of electricity to India as it is facing losses of up to 800 MW daily due to increasing electricity generation within the Himalayan nation and decreasing domestic demand. In June, Nepal started exporting the total approved 364 MW of electricity to India through its power […]
NHPC inks MoU with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal – EQ Mag Pro
NHPC inks MoU with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal NHPC Limited signed a Memorandum of Understanding (MoU) with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal, today at […]
Nepal begins selling 177 mw energy to India via power exchange market – EQ Mag Pro
In a major boost for energy cooperation between Kathmandu and New Delhi KATHMANDU: In a major boost for energy cooperation between Kathmandu and New Delhi, Nepal has started selling a total 177.7 megawatts of energy to India from via its power exchange market. “Earlier Nepal had already sold out 37.7 megawatts power to India. After […]
SJVN signs papers to get Rs 6,333 cr loan for Arun-3 hydro project in Nepal – EQ Mag Pro
The consortium, led by SBI India and PNB, have Exim Bank, Canara UBI & Everest Bank, Nepal & Nabil Bank, Nepal as consortium members, according to the statement. State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power […]
Sungrow Establishes a New Distribution Partnership with Comtronics Pvt. Ltd. in Nepal
Recently, Sungrow, the global leading inverter supplier for renewables, signed a new distribution agreement with Comtronics Pvt. Ltd., a Nepalese company aiming to develop and satisfy multi-disciplinary clients’ technical needs in Renewable Energy field. This agreement marks Sungrow’s forward-looking strategy in developing the emerging markets of renewable energy ahead of other companies, and will strengthen […]
Nepal to sell surplus electricity in India’s energy exchange market – EQ Mag Pro
Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. Nepal became an energy surplus country ever since the 456MW Upper Tamakoshi Hydropower Project came into full operation in August […]