Date: Dec 29th
India's State Power and Nepal Power Authority signed a power purchase agreement.
India's National Electricity Company (NTPC) said its wholly-owned subsidiary, NVVN, had signed a power purchase agreement with the Nepal Electricity Authority to supply 160 megawatts of electricity in January-May 2017.
"The power will be transmitted by the Muzaffarpur-Dhalkebar transmission line," the state power announcement said.
Dhalkebar-Muzaffarpur is a cross-border transmission line which was built by the Power Transmission Company Nepal Limited (PTCNL) starting at 2012. The 140 km transmission line is being constructed to facilitate power trade between Nepal and India. The 40-km portion of the transmission line on the Nepali side will have 115 towers. The PTCNL was formed in 2012 to build a 400 KV transmission line linking Dhalkebar-Muzaffarpur from the Nepali side. The electricity transmission line are mainly constructed by quad/triple bundle ACSR conductors in multi-circuit stretches and other facilities including transformers, substation and towers.
The power purchase agreement was signed by NVVN CEO Arun Kumar Garg and Nepal Electricity Director Kul Man Ghising. NVVN is the only government enterprise engaged in electricity trading in the Indian electricity sector.