132 According to officials in Delhi and Kathmandu, the India-Nepal hydropower trade is poised to transform the area. They cite the potential for buying electricity from Nepal and distributing it to consumers in India, Bangladesh, and even Sri Lanka via an electric grid system. But according to Nepal Electricity Authority Managing Director Kul Man Ghising, the process is being delayed by India’s opposition to using Chinese contractors in the projects. He is pleading with New Delhi to change its mind about acquiring electricity from Nepal’s largest 456 MW Upper Tamakoshi Hydroelectric Project (UTKHEP). Nepal’s government has now requested that New Delhi permit a bilateral transmission from the power plant to Bangladesh, which has been willing to buy power from the UTKHEP for its grid. You Might Be Interested In Abercrombie & Fitch Faces Lawsuit Alleging Funding of CEO’s Abhorring Operations Citigroup layoffs begin as part of CEO Jane Fraser’s overhaul Government show cause notice prompts review from Samsung Musk aims high over Indonesia HSBC brings new platform solutions to ETF issuers Dogecoin Surpasses Bitcoin and Ethereum as Space Company Plans Literal Journey ‘To The Moon’
