Nepal is Planning to Import Power from India

    Nepal would import additional 25 MW from India through a cross country transmission line which will boost the demand for power & distribution transformer in India

India: Nepal would increase the power import from India to mitigate their peak demand supply gap in winter time. The power purchase agreement has been signed between Nepal Electricity Authority(NEA) and NTPC Vidyut Vyapar Nigam Ltd. of India to purchase additional 25 MW power from existing 350 MW. The additional intake would be transferred through a cross country transmission line between Dhalkebar in Nepal and Muzaffarpur in Indian state, Bihar. Against Nepal’s economic feasibility potential of 43000 MW, the country’s capacity is less than 1000 MW which is close to country’s peak demand of 950 MW. However, the power generation of Nepal declines to 450 MW in winter due to lack of water flow.

TechSci Research depicts that the import of power from India will surge the power & distribution transformer market in India. Moreover, the demand for power generation in India is increasing every year and rise in export would substantially raise the need for excess power generation. Notable technological upgrades are underway to reinforce the country’s transmission and distribution network, which would continue to drive the demand for power and distribution transformers in India. Considering the negative impact of these technological developments on the environment, the industry has been undergoing a paradigm shift towards green technologies. As a result, transformer manufacturers in India as well as in other countries have started investing heavily towards their research and development efforts.

According to released report of TechSci Research, “India Power & Distribution Transformers Market Forecast & Opportunities, 2020”, the power and distribution transformers market in India is projected to grow at a CAGR of over 10% till 2020. Power transformers contribute a major portion in overall market revenues due to their higher price points. Under the 12thfive year plan (2012-2017), Indian government allocated US$ 200 billion for strengthening the country’s power generation, transmission and distribution sector.