September 12, 2012
With commercially viable potential of 42,000 MW hydropower in hand, Himalayan Country Nepal has become a Tantalus cup facing almost 12 hour power cut a day. A new Indo-Nepal cross border power transmission line, now expected to be on life by 2015, is to bring the country out of its trouble in newer future while opening up new opportunity for Indian hydropower companies.
According to Nepal Electricity Authority (NEA) records, with around 700 MW installed capacity against peak hour demand of 900 MW, Hydropower dependent Nepal faces power cut of even 12 hour a day at places which may go up to 18 hours next dry winter season.
In order to address the problem, NEA has recently sent its approval of the financial structure to India giving major boost to the long waited 140-km long cross border transmission line between Dhalkebar in Nepal and Muzaffarpur in India.