Nepal Electricity Authority (NEA) today signed an agreement with Power Trading Corporation (PTC) of India to import additional 60 MW electricity.
NEA director Arjun Karki and chairman of PTC India, T.N Thakur, signed the deal at the end of the two-day 'Power Summit 08' in Kathmandu.
As per the agreement, India will supply 40 MW power through Duhab-Kataiya transmission line while 20 MW will be delivered through Tanakpur-Mahendranagar transmission line.
Signing of the agreement was delayed by hours as the two sides differed on the tariff of the imported electricity. Later, they agreed to go for the existing rate.
Nepal has already been importing 60 MW power from India.
An understanding to import additional 60 MW power from was reached during the recent visit of Prime Minister Pushpa Kamal Dahal to India.
The import deal is believed to be a short-term solution to the load-shedding in Nepal. nepalnews.com mk Sept 24 08
