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India becomes net exporter of power for the first time

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Rudhran

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So India is turning around… now for the first time in power….!

India becomes net exporter of power for the first time

India has become a net exporter of electricity during the April-February period this fiscal for the first time, Power Ministry said on Wednesday.

"As per Central Electricity Authority (CEA), the designated authority of Government of India for Cross Border Trade of Electricity, first time India has turned around from a net importer of electricity to Net Exporter of electricity," Power Ministry said in a statement.

According to the statement, during the current year 2016-17 (April-February), India has exported around 5,798 Million Units to Nepal, Bangladesh and Myanmar which is 213 Million units more than the import of around 5,585 Million units from Bhutan. Export to Nepal and Bangladesh increased 2.5 and 2.8 times respectively in the last three years.

Read more at: http://www.theweek.in/news/biz-tech/india-becomes-net-exporter-of-power-for-the-first-time.html
 
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