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Home Prime News

Nepal, China ink power trading deal

CEO TAB by CEO TAB
December 22, 2019
in Prime News
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“Nepal-China economic relation is in good shape”
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 Kathmandu, December 22: Nepal and China have recently signed an agreement as per which the latter will purchase power from the former.

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 Such a deal was inked between the Nepal Electricity Authority (NEA) and State Grid Corporation of China (SGCC) during their recent joint technical meeting, according to media sources.  After the construction of the Nepal-China cross-border transmission line, the SGCC, the state-owned electric utility monopoly of China, will purchase power from the NEA.

It is learned that a joint team of the two organizations will also start a load-follow study of the project within the next two weeks. They have also agreed to jointly prepare the detailed project report (DPR).

The completion of the 400-kV project will enable Nepal to import electricity to China. To be constructed from Kerung of China to Ratamate of Nepal, the project is estimated to be completed within six years.

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