Nepal Seeks Fourfold Increase in Hydropower Supplies to India

Nepal aims to quadruple hydropower supplies to neighboring India, helping New Delhi meet its growing electricity needs as the war in the Middle East complicates resource planning.Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Nepal aims to quadruple hydropower supplies to neighboring India, helping New Delhi meet its growing electricity needs as the war in the Middle East complicates resource planning.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.The Himalayan nation is looking to nearly double its contribution to India’s grid to 1.1 gigawatts this summer, when high temperatures are expected to drive record demand, according to Hitendra Dev Shakya, managing director at state-run Nepal Electricity Authority. In about two years, Nepal should be able to share 2.5 gigawatts thanks to a more modern grid infrastructure.The plan comes as hostilities escalate in the Middle East, from where India sources a large share of its fuel. Gas shortages due to attacks on facilities and the closure of the Strait of Hormuz are testing the nation’s energy resilience, at a time of year when consumption typically spikes. Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.The war has restricted the flow of liquefied petroleum gas, used in more than 330 million Indian homes for cooking, and growing scarcity of natural gas could affect power plants that rely on the fuel to meet electricity demand during the night, when solar energy runs out. While Nepal’s contribution would be relatively small in the context of India’s power needs, expected to reach 283 gigawatts this summer, it could help mitigate any shortages caused by the war. Last year, Nepal supplied 600 megawatts of round-the-clock hydropower to India during the six months through November. This year, it’s seeking bids from potential buyers to export another 500 megawatts, Shakya said.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.