Nepal has proposed to sell an additional 222 MW of electricity to India as it is facing losses of up to 800 MW daily due to increasing electricity generation within the country and decreasing domestic demand.
In June 2022, Nepal started exporting the total approved 364 MW of electricity to India through its power exchange market. Buoyed by surplus rainfall this year, Nepal is exporting surplus electricity to India through its power exchange market for the second consecutive year. Nepal became an energy surplus country ever since the 456 MW Upper Tamakoshi Hydropower Project came into full operation in August 2021.