Nepal Electricity Authority (NEA) Wednesday signed an agreement with Power Trading Corporation (PTC) of India to import additional 60 MW electricity.
NEA Director Arjun Karki and PTC Chairman T.N. Thakur signed the deal at the end of the two-day "Power Summit 08" held in the Nepali capital Kathmandu.
Under the agreement, India will supply 60 MW power through transmission lines to Nepal, local news website Nepalnews.com reported.
Nepal has already been importing 60 MW power annually from India.
An understanding to import additional 60 MW power from India was reached during the recent visit of Prime Minister Pushpa Kamal Dahal "Prachanda" to India, the report said.
Even in this monsoon season, Nepal, which relies much on hydropower, is facing up to more than 30 hours load shedding weekly.
Source:Xinhua
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