India Grants Nepal Access to Real-Time Energy Market for Efficient Electricity Trading

India has granted approval to the Nepal Electricity Authority to participate in its real-time energy market. Previously, Nepal had access to India's day-ahead market, where electricity quantities and prices were determined a day in advance. Now, with the approval from India's Central Electricity Authority, Nepal can export electricity through a bidding process held just one hour and fifteen minutes before the sale. This move will enable more efficient use of electricity, particularly during the rainy season when Nepal's hydropower projects operate at their maximum capacity. In the first phase, 44 MW of electricity from Nepali hydropower projects will be traded in the real-time market.
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