The NEA would buy power from India for Rs 38 per unit.
According to NEA Executive Director Kulman Ghising, energy was purchased at exorbitant prices to meet Nepal’s demand due to high pricing in the Indian market.
Ghising claimed Nepal would charge the highest cost for importing electricity at a press briefing on Thursday.
Nepal used to buy energy from the Indian open market for Rs 8 per unit.
Since Russia invaded Ukraine, India’s power facilities have been unable to provide adequate electricity.
Every day, NEA buys 350-400 MW of electricity from India.
Nepal had agreed to buy 150 MW of power daily from NTP Power Trading Corporation Limited and 75 MW from PTC India.
After Russia invaded Ukraine on February 24, Nepal could not acquire energy at a set price as agreed.