Executive Director of Nepal Electricity Authority (NEA) Kulman Ghising said that there will be no load shedding despite some crisis in the power supply,
He said that electricity was imported from India during the dry season as domestic production cannot meet the demands of the people. NEA has to buy electricity from India which will cause a loss of Rs. 29 per unit due to the high demands.
It is just a matter of a few days, said Ghising on Thursday. He added, there are plans to increase the Load and assured that Loadshedding would not be faced.
NEA didn’t purchase electricity from India for some time now, this has caused in shortage of electricity in some industrial areas and the industrialists had expressed concern that load shedding would happen again.
Currently, Nepal’s peaking production for electricity is 1400 Megawatts but the demand for electricity in Nepal is 1650 megawatts. Till last year, Nepal purchased around 800 megawatts of electricity from India, it has come down to import of only 350 megawatts of electricity.
Ghising made it clear that the consumers will get electricity at the existing rate of Rs 9 per unit despite the loss to NEA.
Ghising expressed it was too expensive to buy electricity from India. The Nepal Electricity Authority (NEA) is bound to purchase electricity at Rs 38 per unit from India to meet the demands in the country. At this rate, NEA has to pay Rs 200-220 million more to buy electricity from India per day. He said that it would cause a loss of Rs 8 billion in a month if the electricity is purchased at that rate.
NEA cannot afford to buy electricity at such an expensive rate but they still have to import electricity for one and half months, said Ghising.