Kathmandu- Nepal’s power generation capacity has reached 3,878 MW, a major milestone in the country’s energy sector.

Minister for Energy, Water Resources and Irrigation Deepak Khadka announced this at a press conference recently.

Addressing a program organized to mark the completion of his first year in office, the minister said that 631 MW of new power generation was added to the national grid last year alone.

Minister Khadka emphasized that the increased capacity has enabled Nepal to export additional power, of which more than 800 MW is being sold to India and Bangladesh daily. He also said that Nepal has received approval to export 941 MW to India and import 1,000 MW under a bilateral agreement. In addition, Bangladesh has started dollar-based electricity exports, of which 40 MW has already been supplied, generating an estimated revenue of Rs 1.25 billion within five months.

The Ministry of Energy presented the Energy Development Roadmap 2081, which sets an ambitious target of generating 28,500 MW of electricity by 2035, requiring a fiscal plan of $46.5 billion. Under this roadmap, Nepal aims to export 15,000 MW to India and Bangladesh, while retaining 13,500 MW for domestic consumption.

The minister briefed the meeting on progress in policy and infrastructure, including the installation of 397 kW of small hydropower projects, 603 kW of solar power systems, 3,584 biogas plants, and 4,142 domestic solar systems.