The Nepal Electricity Authority (NEA) recorded a profit of Rs 9.11 billion before tax deductions during the first three months of the current fiscal year. Between mid-July and mid-October, the NEA’s total revenue, including interest and other income, reached Rs 41.87 billion, while expenses totaled Rs 32.69 billion.
Electricity sales from distribution centers generated Rs 28.95 billion, of which Rs 26.78 billion has been collected so far. Operational and maintenance expenses during the same period amounted to Rs 32.69 billion.
The NEA purchased 4.15 billion units of electricity, with 875.2 million units sourced from its own and subsidiary companies and 3.23 billion units procured from private producers. These purchases cost Rs 21.917 billion, according to NEA Managing Director Kulman Ghising.
During this period, no electricity was imported from India. Although export targets were hampered by floods in mid-September, the NEA successfully exported 1.40 billion units of electricity to India, earning Rs 10.89 billion in revenue.
The Government of Nepal, alongside foreign assistance and investments, spent Rs 16.94 billion on electrification projects and other initiatives. Of this amount, the NEA contributed Rs 10.88 billion, while Rs 6.553 billion was allocated to foreign expenditures.
