Kathmandu, Jan. 26 -- Nepal and India have reached a new deal on construction, upgrade and investment modalities for five transmission lines at a time when 11,000 megawatts of energy from various hydro projects is in pipeline.

The 12th meeting of Joint Working Group on Power Sector Cooperation concluded in New Delhi on Wednesday finalised the investment modalities of two 400Kv cross-border transmission lines and agreed to expedite the three additional transmission lines for power augment, said Sandeep Dev, joint-secretary at Ministry of Energy, Water Resources and Irrigation, who also led the Nepali side at the meeting.

"We have reached an agreement on investment modalities of 400Kv Inaruwa (Duhabi)-Purnia (Bihar) and Dodhara (Lamki)-Ba...