India and Nepal today signed two major agreements to boost power cooperation and develop new cross-border transmission lines for enhanced regional energy trade and connectivity. The agreements has been signed between India’s POWERGRID and the Nepal Electricity Authority. Both agreements covers the development of the Inaruwa in Nepal to New Purnea in India 400 kilovolt and Lamki, Dododhara in Nepal to Bareilly in India 400 kilovolt transmission systems.
The agreement ceremony was held in the presence of Union Minister for Power Manohar Lal and Nepal’s Minister for Energy, Water Resources and Irrigation Kulman Ghising in New Delhi. Both the agreements focus on the incorporation of two joint venture entities one in India and another in Nepal, to develop these high-capacity power transmission corridors. Once the project is completed, it is expected to substantially enhance electricity trade between the two nations, strengthen grid resilience, and promote sustainable growth across the region.
