Nepal Electricity Authority (NEA) has started exporting electricity worth Rs 75 million to India daily.

According to the NEA, the amount of electricity exports has increased as soon as the electricity generated from Marsyangdi and Madhyamrsyangdi enters the Indian energy exchange market.

NEA, which has been granted permission to export up to 364 MW of electricity, is now exporting 284 MW of electricity to India. NEA is currently exporting 23 MW of Trishuli Hydropower Project, 14.39 MW of Devighat Hydropower Project, 138.91 MW of Kaligandaki Hydropower Project, 66.14 MW of Marsyangdi Hydropower Project and 41.81 MW of Madhyamrsyangdi Hydropower Project. From this, Nepal will be earning about 75 million rupees in a day.

In the energy exchange market of India, electricity is being auctioned in 96 blocks every 15 minutes. The Government of India has allowed to buy and sell in those blocks up to a maximum of IC 12rs. The price will be decided differently according to the rate of supply and demand in each block.