In a single year, electricity exports totalled Rs 16 billion 93 crore.

In the most recent fiscal year, the Nepal power Authority exported power to India valued at 16.93 billion rupees. 1 billion 94 billion 26 million units of electricity were exported to India between July and June of the previous fiscal year, bringing in 16 billion 93 million 26 million rupees.

In accordance with the medium-term power agreement and at a competitive rate in the Indian Energy Exchange (IX) day-ahead and real-time market, the Authority is selling the excess electricity utilised domestically to the Indian business NTPC Vidyut Vyar Nigam (NVVN).

In the state of Haryana, power is sold by NVVN. Electricity is exported at an average rate of 8 rupees 72 paise per unit. The body imported power worth 16.81 billion 3 lakh rupees last year.

The country's river-flowing hydropower plants produce less electricity during the dry season as a result of the reduction in river and stream water flow. In order to keep up with demand, 1.83 billion 3.5 million units of power were imported from India last year. In the winter, the average cost of imported electricity is 9 rupees and 17 paise per unit.

It exported electricity worth Rs. 122.23 million more than it imported during the most recent fiscal year. Similarly, 100.91 million more units of electricity were exported than imported in terms of energy. Within three years of entering the competitive Indian market, Nepal started exporting energy since the amount exported exceeded the amount imported, according to Kulman Ghising, executive director of the authority.

During the fiscal year 2079–2080, 10 billion 455 million rupees were exported and 19 billion 444 million rupees were imported from India. Ghising predicted that exports will rise even though electricity imports will be necessary for the next few years to meet domestic demand.

"This is a milestone for the energy sector," Executive Director Ghising stated. "Up until six or seven years ago, we were only importers of electricity. Although we started exporting electricity to the Indian competitive market three years ago, we became a self-importer with more imports than exports."

Ghising stated that as the amount of power exported has increased and the import of petroleum products has dropped, the usage of electric vehicles and induction stoves in the nation when there is adequate electricity has helped to reduce the trade gap between Nepal and India. The nation's foreign exchange reserves, he claimed, have also been beneficial.

On May 1, 2021, Nepal was accepted into India's Energy Exchange's Day Ahead Market. On November 3, 2021, Nepal—which was previously permitted to import electricity—was granted entry as an exporter. At present, Nepal sells over 700 megawatts of power per day to India for day-ahead, real-time, and medium-term markets. Permission to export 690 megawatts of electricity generated by 16 projects has been granted to the Authority.

Executive Director Ghising stated that 400 megawatts more of electricity was awaiting authorisation to be exported in accordance with the terms of the mid-term agreement. "We are currently awaiting approval from the appropriate Indian authorities to export 400 MW of power to Bihar and Haryana. Ghising added, "We're going to sign an agreement with Bangladesh shortly and start exporting 40 MW this year.

He asserted that, aside from transmission line issues, electricity generated by private sector hydropower projects with "take or sell" arrangements is not really wasted.