India becomes net exporter of electricity for first time

NEW DELHI: India has become a net exporter of electricity during the April-February period this fiscal for the first time, Power Ministry on Wednesday said. “As per Central Electricity Authority (CEA), the designated authority 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. Suring 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 BD increased 2.5 and 2.8 times in last three years.