Electricity import bill doubles, expected to keep increasing

Electricity import from India more than doubled this year compared to last year. According to figures from the Druk Green Power Corporation (DGPC) the electricity import bill rose from about INR 800 M in 2022 to almost INR 1.8bn this year. The DGPC say the increase in domestic demand and decreased river flow has impacted the country’s electricity generation capacity this year. Electricity import is expected to keep increasing in the coming seven to eight years. The country imported over 240 million units of electricity from January to March, last year, at an average import price was 3.32 Indian Rupees per unit. Meanwhile, this year, over 360 million units of electricity were imported between January and April at an increased average price of 4.9 Indian Rupees per unit. Further, with the DGPC seeing increasing domestic demand, the import figure is projected to exceed 800 megawatts from December this year to April next year.
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