Nepal and China have proposed to ink a memorandum of understanding to have a power trade agreement during the next high-level political meeting between the two countries.
Nepal has already signed a power trade pact with India which has facilitated the purchase of power between the two countries.
Nepal has also proposed a similar PTA with Bangladesh. “The purpose of PTA with China and Bangladesh is to facilitate exchange of power among the three countries as is happening between Nepal and India” Spokesperson for the Ministry of Energy, Water Resources and Irrigation Dinesh Ghimire toldTHT.
According to the ministry, the aim of the proposal is to sell Nepal’s surplus power to its neighbours. Nepal expects to have surplus power in a few years. Nepal has been buying more energy from India during winter but selling less amount of energy to India in the summer when it has surplus power. Read More…