Gurugram: Power Grid Corporation of India Limited (POWERGRID), a Maharatna Central Public Sector Enterprise under the Ministry of Power, has signed a Joint Venture and Shareholders’ Agreement (JV&SHA) with the Nepal Electricity Authority (NEA) to develop a high-capacity cross-border power transmission system. The landmark signing ceremony took place in the presence of His Excellency Mr. Kulman Ghising, Hon’ble Minister for Energy, Water Resources, and Irrigation of Nepal, and Mr. Manohar Lal, Hon’ble Union Minister of Power and Housing & Urban Affairs, Government of India. Also present at the occasion were Mr. Pankaj Agarwal, Secretary (Power), Government of India, Dr. R.K. Tyagi, Chairman & Managing Director (CMD) of POWERGRID, and Dr. Yatindra Dwivedi, Director (Personnel) of POWERGRID.
New Power Transmission Corridors to Enhance Regional Connectivity
The newly signed agreement aims to establish two significant cross-border transmission links between India and Nepal. The first project is the Inaruwa (Nepal) – New Purnea (India) 400 kV Double Circuit (Quad Moose) Transmission Link, and the second is the Lamki (Dododhara) (Nepal) – Bareilly (India) 400 kV Double Circuit (Quad Moose) Transmission Link. Once operational, these projects will substantially increase the electricity exchange between both nations, providing a reliable and resilient power network that will contribute to improved energy security in the region.
The enhanced power transmission infrastructure will also support economic growth by ensuring a stable power supply, benefiting both countries’ industries and citizens. The projects are expected to foster deeper cooperation in the energy sector, leading to stronger bilateral ties between India and Nepal.
A Commitment to Regional Energy Security and Economic Growth
Mr. Manohar Lal, during the meeting, commended his Nepalese counterpart for this initiative and reiterated the historical friendship and collaboration between India and Nepal. He emphasized the immense potential of the partnership in areas such as hydropower development, urban infrastructure, and technical collaboration. Both ministers agreed that the energy sector would play a key role in driving regional economic progress and ensuring long-term energy security for both nations.
Mr. Kulman Ghising expressed his gratitude towards the Government of India for its continued support, particularly in strengthening transmission connectivity and technical collaboration, which is crucial for Nepal’s energy needs. The ministers also discussed other areas of potential cooperation, including capacity building and knowledge exchange in energy infrastructure and management.
POWERGRID’s Role in Expanding Regional Energy Networks
As of October 15, 2025, POWERGRID has commissioned 287 substations, operates over 1,80,864 circuit kilometers of transmission lines, and has a transformation capacity of 5,81,831 MVA. The company has achieved a remarkable system availability of 99.83%, thanks to its adoption of cutting-edge technology, automation, and digital solutions. POWERGRID’s involvement in the cross-border power transmission initiative underscores its leadership in regional energy cooperation.
The development of these transmission corridors with NEA marks a significant expansion of POWERGRID’s international presence, reinforcing India’s role as a key player in regional energy integration. By contributing to the development of sustainable and resilient power networks, POWERGRID is helping enhance the overall energy infrastructure in South Asia, ensuring a better, more secure energy future for all.
About POWERGRID
Power Grid Corporation of India Limited (POWERGRID) is a leading Maharatna CPSE under the Ministry of Power, Government of India. It is the backbone of India’s electricity transmission network, responsible for the development, operation, and maintenance of a robust national grid. POWERGRID plays a key role in ensuring seamless electricity distribution across India and is now expanding its influence beyond the country’s borders, with projects like the current joint venture with Nepal. Through innovation, cutting-edge technology, and a commitment to sustainability, POWERGRID is at the forefront of transforming the energy landscape in South Asia.
About NEA
Nepal Electricity Authority (NEA) is the state-owned entity responsible for the generation, transmission, and distribution of electricity in Nepal. The NEA has been at the forefront of efforts to enhance the country’s energy infrastructure and expand cross-border electricity trade, particularly with India. The collaboration between POWERGRID and NEA aims to strengthen power transmission connectivity and foster mutual growth through joint infrastructure development.
