PM Modi: India to import 10,000 MW power from Nepal
POWER & RENEWABLE ENERGY

PM Modi: India to import 10,000 MW power from Nepal

Prime Minister Narendra Modi stated that the border between India and Nepal should not serve as a barrier. He made this remark as the two sides entered into a series of agreements on energy and transport, which included the export of Nepal's hydropower to Bangladesh through Indian territory. While extending a warm welcome to Prime Minister Pushpa Kamal Dahal Prachanda during his four-day visit to India, Modi expressed his belief that both countries should expedite projects related to the Ramayana circuit.

Modi recalled an incident from nine years ago in 2014 when, within three months of assuming office, he made his inaugural trip to Nepal. He mentioned that at that time, he had proclaimed his intention to establish strong ties between India and Nepal that would overcome the limitations imposed by borders. Referring to the present day, he highlighted the signing of the Transit Agreement and emphasised its significance in enabling Nepal's population to access India's inland waterways. In addition, Modi affirmed India's commitment to advancing the 2022 India-Nepal vision document for cooperation in the power sector, which sets ambitious goals for power trade and transmission between the two countries. He disclosed the signing of a long-term Power Trade Agreement, through which they have set a target of importing 10,000 MW of electricity from Nepal in the forthcoming years.

With a focus on energy collaboration, Modi disclosed plans for the construction of a new pipeline stretching from Siliguri to Jhapa in eastern Nepal.

Prime Minister Narendra Modi stated that the border between India and Nepal should not serve as a barrier. He made this remark as the two sides entered into a series of agreements on energy and transport, which included the export of Nepal's hydropower to Bangladesh through Indian territory. While extending a warm welcome to Prime Minister Pushpa Kamal Dahal Prachanda during his four-day visit to India, Modi expressed his belief that both countries should expedite projects related to the Ramayana circuit.Modi recalled an incident from nine years ago in 2014 when, within three months of assuming office, he made his inaugural trip to Nepal. He mentioned that at that time, he had proclaimed his intention to establish strong ties between India and Nepal that would overcome the limitations imposed by borders. Referring to the present day, he highlighted the signing of the Transit Agreement and emphasised its significance in enabling Nepal's population to access India's inland waterways. In addition, Modi affirmed India's commitment to advancing the 2022 India-Nepal vision document for cooperation in the power sector, which sets ambitious goals for power trade and transmission between the two countries. He disclosed the signing of a long-term Power Trade Agreement, through which they have set a target of importing 10,000 MW of electricity from Nepal in the forthcoming years.With a focus on energy collaboration, Modi disclosed plans for the construction of a new pipeline stretching from Siliguri to Jhapa in eastern Nepal.

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000