Nepal To Export Power To India
Date
2/15/2023 4:15:42 AM
(MENAFN- KNN India)
Nepal to export power to India New Delhi, Feb 15 (KNN) Discussing various aspects of Nepal-India relations Foreign Secretary of both the countries have agreed to allow the export of power from Nepal to India on a long-term basis.
This commitment was expressed by Foreign Secretary
Vinay Mohan Kwatra and his Nepali counterpart Bharat Raj Paudyal during a bilateral meeting in Kathmandu on Monday.
Kwatra is currently on a two-day official visit to India's immediate neighbour to hold talks with its top leaders on wide range of multifaceted cooperation between the two neighbouring countries, including connectivity, trade and transit and power sector cooperation.
Agriculture, education, culture, health sector, and people to people relations will also be discussed.
Soon after his arrival here, Kwatra met his Nepalese counterpart Paudyal and“the two sides reviewed with satisfaction the progress made in the connectivity projects such as railways, transmissions lines, bridges, and the ICPs,” said a statement issued by the Nepalese Foreign Ministry.
“The two sides also expressed commitment to allow the export of power from Nepal to India on a long-term basis utilising all products of the exchange market. They also discussed technical upgrading of cross-border transmission lines and early approval of the four proposed transmission line projects under the LOC-IV,” the statement said.
“The two sides discussed the early conclusion of the renewed transit treaty, review of the trade treaty, and convening of the inter-governmental committee on trade (IGC) at an early date.”
(KNN Bureau)
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