The Nepal Electricity Authority (NEA) earned Rs 5.925 billion (yaani about Rs 592.5 crore) from electricity exports to India in Ashoj, the month from mid-September to mid-October in the current fiscal year 2026/27, according to NEA data reported by the Himalaya Post and Nepal Energy Forum. Nepal exported 633.986 million units during the month.
Source: Himalaya Post
The earnings rose despite flood damage to some hydropower projects. Export revenue was Rs 962 million higher than in the same month last year, when Nepal earned Rs 4.963 billion, and Rs 832.5 million higher than in Bhadra, the previous month, when exports brought in Rs 5.0925 billion. Total electricity export earnings in the first three months of the fiscal year reached Rs 16.1513 billion.
Source: Nepal Energy Forum
During Ashoj, electricity was sold to the Indian states of Haryana and Bihar under bilateral power purchase agreements, with the rest traded through the day-ahead and real-time markets of the Indian Energy Exchange (IEX). The NEA said about two-thirds of the exports to India were made under bilateral agreements.
Nepal also resumed exporting 40 MW of electricity to Bangladesh through India's transmission network on the evening of October 23. The supply had been suspended after a glacial flood in the Bhotekoshi River in Rasuwa on August 26 triggered flooding in the Trishuli River and damaged the Trishuli and Chilime hydropower plants. Under a revised arrangement approved by India's Central Electricity Authority, power from the Solu, Kabeli-1 and Lower Modi projects will now supply Bangladesh and Haryana, replacing the Trishuli, Devighat and Chilime plants. Under a five-year agreement signed on October 3, 2024 between the NEA and the Bangladesh Power Development Board, Nepal exports 40 MW daily from June 15 to November 15 each year.
India's Central Electricity Authority has also approved an additional 31 MW of exports, taking Nepal's total approved electricity export capacity to India to approximately 1,179 MW. NEA Executive Director Dirghayu Kumar Shrestha said Nepal had maintained exports through other operational plants despite flood damage, and described the resumption of the Bangladesh supply and the expanded India approval as important developments for Nepal's electricity trade and for managing surplus monsoon-season generation.