Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal will present the agenda for the price review of Indian transmission lines at the Nepal-India Power Exchange Committee (PEC) meeting.
The Nepali side has prepared to present the agenda for the revision of the Indian transmission line pricing, which has been the same for five years, to the 14th meeting of the PEC, which will be held in India on Friday.
Every year, at the PEC meeting, there is a discussion about electricity commerce and transmission lines.
Nepal led a delegation to India on Thursday, which included Joint Secretary of the Ministry of Energy, Water Resources, and Irrigation Madhu Vetuwal, Executive Director of Nepal Electricity Authority Kulman Ghising, and Director of Power Trade Department Prabal Adhikari.
Ghising, the authority’s executive director on behalf of Nepal, and an official from India’s Central Electricity Authority will preside over the meeting.
“It has been a long time since a single pricing on Indian transmission lines was introduced. Our major priority is to review it “Suresh Bahadur Bhattarai, spokeswoman for the Authority, stated.
Previously, the tariff established at the 11th PEC meeting set the per unit price of energy imported from 132, 33, and 11 KV transmission lines (transmission line rent) at INR 5.55, 6.45, and 6.45, respectively.
The pricing was kept the same during the 12th and 13th meetings. Nepal now imports and exports power from India’s competitive market.
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