KATHMANDU, February 24: An agreement has been reached to form a joint task force on a proposed construction of a hydroelectric project to be constructed with joint investment from Nepal and India.
The working group will be composed of a maximum of three members from both countries. According to the proposal, a company will be established at the government level of the two countries and this company in the first phase will build a hydroelectric project with joint investments.
The agreement was reached during the ninth meeting of the Nepal-India joint steering committee at the level of energy secretaries on Thursday, the joint secretary at the Ministry of Energy, Water Resources and Energy said. Irrigation, Chiranjibi Chataut. The meeting was co-chaired by Energy Ministry Secretary Debendra Karki of Nepal and Energy Ministry Secretary Alok Kumar of India.
During the meeting, issues such as existing transmission lines between the two countries, ongoing construction and proposed interstate transmission line, hydropower and Arun III transmission line and interstate electricity trade were discussed, said co-secretary Chataut.
Similarly, it has been agreed to increase the power capacity generated from the 400 KV Dhalkebar-Muzaffarpur interstate transmission line. The meeting also agreed to establish a joint venture between Nepal and India by April 2022 for the construction of the New Butwal Gorakhpur Interstate Transmission Line.
The 400 KV transmission line will be 140 kilometers long (20 kilometers in Nepalese territory and the remaining 120 in Indian territory). The government of Nepal has to manage the budget to build the project from its side.
Meanwhile, the Indian government has responded positively to the proposal made by the Nepal Electricity Authority on different dates to export power to India, the meeting participants said. The NEA has asked India to approve the proposal to sell 850 megawatts of electricity to India before the next monsoon. (RSS)
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