KATHMANDU: India has offered to supply 500 MW of hydro electricity power to Nepal to crunch its power crisis. Power Trading Corporation (PTC) Ltd has sent a letter to the Ministry of Water Resources, that it could provide 500 MW power to Nepal in 18 mont hs, according to secretary in the Ministry Mr Shanker Prasad Koirala.
The PTC has offered Rs 3 per unit of electricity to help it get rid of the current 16 hour load shedding. Nepal's power generation capacity has gone down by more than 50 percent due to the low water level in its major hydro power plants.
In a letter sent to the Nepalese Ministry of Water Resources, PTC has also mentioned that it can re-import power from Nepal if the Himalayan nation manages to generate enough power to meet its internal demand.
Prime Minister Prachanda is leaving for Norway and Denmark as part of his tour to European countries starting from March 28. During his meeting with high officials in Norway and Denmark, use of thermal plant and wind mill power will mainly figure besides other issues of bilateral cooperation, according to officials close to the Prime Minister.
However, experts suggest that importing electricity from India will be much cheaper than installing thermal plants to generate electricity in order to fulfil domestic demand for power.
Source: PTI
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