Kathmandu, October 21
India and Nepal today inked a historic Power Trade Agreement, allowing exchange of electricity and opening up new vistas of cooperation in the hydropower sector.

During the visit of Prime Minister Narendra Modi to Nepal in August, the two sides had agreed to sign the agreement that would allow exchange of electricity generated from hydel projects in Nepal and India.

Nepalese Secretary in the Ministry of Energy Rrajendra Kishore Kshatra and Energy Secretary of India Pradeep Kumar Sinha inked the agreement at a function held at the PM’s Office. “This agreement will throw up new vistas of cooperation between India and Nepal in the power sector. It will also provide a permanent forum for interaction between the two countries in the power sector,” Sinha said. — PTI