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POWERGRID and Nepal Electricity Authority Sign Joint Venture Agreement for Cross-Border Power Transmission Projects

Power Grid Corporation of India Limited (POWERGRID) has signed a Joint Venture and Shareholders’ Agreement with the Nepal Electricity Authority (NEA) for the development of high-capacity cross-border power transmission systems between India and Nepal.

Agreement was signed in the esteemed presence of His Excellency Shri Kulman Ghising, Hon’ble Minister for Energy, Water Resources and Irrigation of Nepal, and Shri Manohar Lal, Hon’ble Union Minister of Power and Housing & Urban Affairs, Government of India.

Event was also graced by Shri Pankaj Agarwal, Secretary (Power), Dr. R. K. Tyagi, CMD, and Dr. Yatindra Dwivedi, Director (Personnel), POWERGRID.

Proposed Cross-Border Transmission System Projects include the development of:

  • Inaruwa (Nepal) – New Purnea (India) 400 kV Double Circuit (Quad Moose) Transmission Link, and
  • Lamki (Dododhara) (Nepal) – Bareilly (India) 400 kV Double Circuit (Quad Moose) Transmission Link.

Upon completion, these transmission corridors will significantly enhance electricity exchange between India and Nepal, strengthen regional energy security, improve grid resilience, and contribute to sustained economic growth in both nations.

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