Dhaka, July 26 -- Nepal government has given its nod to Nepal Electricity Authority to trade electricity with India and Bangladesh, reports The Himalayan Times.

It is mandatory for the NEA to get approval of the government for inter-country electricity trade.

Barshaman Pun, minister of Energy, Water Resources and Irrigation, said the cabinet meeting on Monday had given the approval to sell electricity to India and Bangladesh when the domestic production is high and to import electricity from the neighbouring countries when the production is low. With the government's approval, NEA will now be able to buy and sell ele at comctricitypetitive price.

"Like trade in goods, electricity trade has also been approved in real time," said Pun.

He ...