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Nepal to import electricity from India

| | Feb 20, 2016, at 02:40 am
New Delhi, Feb 19 (IBNS) Nepal Electricity Authority (NEA) will be importing 80 megawatts of electricity from India from Saturday, reports said.
Prime Minister Narendra Modi and his Nepalese counterpart KP Sharma Oli, who is currently visiting India, will switch on transmission lines via remote control from the capital on Saturday and will supply electricity to Nepal.
 
Earlier NEA MD Mukesh Raj Kafle met with India's NTPC Vidyut Vyapar Nigam (NVVN) General Manager AK Maggu and signed an agreement that stated India supplying electric power to Nepal.
 
The price is kept at INR 3.44 per unit.
 
Commenting on the new development, an NEA official was quoted as saying by The Himalayan Times that: "This will moderately reduce load-shedding hours in Kathmandu."
 

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