Nepal exports electricity worth $39 million to India a month after flash floods

Nepal exports electricity worth $39 million to India a month after flash floods left A drone view shows houses covered in mud after the flash floods and mudslide, at Devighat, Nuwakot district, Nepal. File Reuters Reuters https://th-i.thgim.com/public/incoming/ywdcow/article71623831.ece/alternates/FREE_1200/2026-10-20T100319Z_1470784485_RC268NA06SCB_RTRMADP_3_CLIMATE-HEAT-STORMS-SCIENCE.JPG FRANCIS MASCARENHAS FILE PHOTO: A drone view shows houses covered in mud after the flash floods and mudslide, at Devighat, Nuwakot district, Nepal, August 29, 2026. REUTERS/Francis Mascarenhas/File Photo

Nepal Electricity Authority (NEA) Executive Director Dirghayu Kumar Shrestha said that electricity exports recovered during the period after being briefly disrupted by the flash floods in August

Kathmandu

Nepal exported electricity worth over $39 million to India between mid-September and mid-October, according to a local media report on Sunday (October 25, 2026).

Nepal Electricity Authority (NEA) Executive Director Dirghayu Kumar Shrestha said that electricity exports recovered during the period after being briefly disrupted by the flash floods in August.

UN climate damages fund earmarks $20 million to Nepal for August disaster UN climate damages fund earmarks $20 million to Nepal for August disaster This is the first time that the Fund, set up in 2022, has allocated money to a specific country; amount is a fraction of Nepal's own $5 billion loss estimate; so far, Fund has pledges for $820 million while fielding requests worth $2.8 billion UN climate damages fund earmarks $20 million to Nepal for August disaster storyline 1

Flash floods, triggered by an ice-rock avalanche in the high Himalayas near the Nepal-Tibet border on August 26, devastated towns and villages in northern and central Nepal, killing around 1,400 people, while more than 5,000 remain missing.

Homes, vehicles, roads, bridges and hydropower projects were damaged during the floods.

"Nepal exported electricity worth approximately Nepalese Rupees 5.92 billion ($39 million approx.) to India from mid-September to mid-October," Mr. Shrestha was quoted as saying by The Himalayan Times newspaper.

Nearly two-thirds of the cross-border electricity supply to India was exported under bilateral agreements, he added.

On Friday (October 23, 2026), Nepal resumed exporting 40 megawatts of electricity to Bangladesh through India's transmission network.

Nepal to receive first-ever loss and damage fund payout after devastating floods Nepal to receive first-ever loss and damage fund payout after devastating floods Nepal is set to receive $21.6 million from the United Nations' Loss and Damage Fund following the devastating Bhotekoshi floods that struck the country in August. The allocation marks the first time the global climate fund has earmarked money for a specific country to address climate-change-linked losses. Climate experts have welcomed the decision as a landmark step, but the funding is only a fraction of the nearly $5 billion Nepal estimates it needs for recovery and reconstruction. Nepal to receive first-ever loss and damage fund payout after devastating floods video 1

The supply had been halted after the Bhotekoshi flash floods damaged the Trishuli and Chilime hydropower plants, which were designated to supply electricity to Bangladesh.