Nepal had begun exporting 40 MW of power to Bangladesh daily via India, generating about Rs 250 million in a month, which is likely to amount to Rs 1.25 billion in five months. The seasonal energy exports commenced on June 15 and will end on November 15 and will export more than 146.8 million units of electricity.
Energy Minister Dipak Khadka said that the move is a major step forward in the journey of Nepal to become prosperous, since it is now exporting more energy than it is importing. He stressed the significance of the steady internal supply, and he added that hydropower projects of the size of Budhigandaki and Upper Arun have already been in the form of development. The government also intends to sell parts of such projects to the poor households residing in the neighborhoods.