India, Nepal sign power pact, MoU in renewable energy
- India’s External Affairs Minister is on a two-day visit to co-chair with his Nepalese counterpart the seventh Nepal-India Joint Commission.
Power Export Agreement
- Nepal and India signed a long-term agreement for the export of 10,000 MW of power to India over the next 10 years.
- The agreement is seen as a major breakthrough in Nepal's power sector.
Renewable Energy Cooperation
- An MoU for cooperation in renewable energy was signed between Nepal Electricity Authority and National Thermal Power Corporation Limited, India.
- The agreement reflects mutual efforts to enhance collaboration in the field of renewable energy between the two nations.
Cross-Border Transmission Lines
- Three cross-border transmission lines were virtually inaugurated by India’s External Affairs Minister and his Nepalese counterpart.
- The transmission lines include the 132 kV Raxaul-Parwanipur, 132 kV Kushaha-Kataiya, and New Nautanwa-Mainahiya lines, completed with India's assistance.
Scope of Discussions
- Discussions focused on various aspects of bilateral ties, including
- Trade and economic relations, connectivity projects, defence and security cooperation, agriculture, energy, power, water resources, disaster management, tourism, civil aviation, people-to-people and cultural exchange, and development partnership.
- The External Affairs Minister mentioned that discussions covered the broader spectrum of Nepal-India relations, emphasizing cooperation in multiple sectors.
Prelims Takeaway
- Nepal-India Joint Commission
- Renewable Energy
- Location Based Questions