Nepal has earned around Rs 15 billion from electricity exports in the first three months of the current fiscal year 2025/26, according to the Nepal Electricity Authority (NEA).
NEA Managing Director Manoj Silwal said that since mid-July, Nepal has been exporting approximately 1,000 megawatts (MW) of surplus electricity daily after meeting domestic demand.
Nepal sells electricity at competitive rates on India’s Energy Exchange (IEX) through both day-ahead and real-time markets, in addition to bilateral medium-term power purchase agreements (PPAs) with the Indian states of Haryana and Bihar.
Using India’s transmission network, Nepal has also begun exporting 40 MW of electricity daily to Bangladesh. While electricity trade with India is settled in Indian rupees, exports to Bangladesh are settled in U.S. dollars, marking a diversification in Nepal’s energy trade framework.
The NEA has received official approval to export a total of 1,165 MW of electricity to India and Bangladesh, underscoring Nepal’s growing position as a regional energy exporter and a key player in South Asia’s power market.