India-Nepal Joint Vision Statement on Power Sector Cooperation

Published By : Admin | April 2, 2022 | 13:09 IST

1.On 02 April 2022, His Excellency Prime Minister Narendra Modi and Rt. Hon'ble Prime Minister Sher Bahadur Deuba had fruitful and wide ranging bilateral discussions in New Delhi. Both leaders reaffirmed their commitment to further deepen the timeless linkages and bonds of geography, history, culture, commerce and people-to-people ties between the two countries.

2. In this context, both Prime Ministers noted the positive developments in each other's power sectors. India congratulated Nepal on its significant progress in the power sector including becoming a near power surplus country. Prime Minister Deuba appreciated India's recent cross-border electricity trade regulations that have enabled key partners like Nepal to access India's market and trade power with India. He also acknowledged with appreciation India's contribution to developing Nepal's power sector, through capacity building and direct support to infrastructure projects related to generation and transmission.

3. Both Prime Ministers agreed:

3.1. That there are unprecedented opportunities for expanding and further strengthening mutually beneficial bilateral cooperation in the power sector including (a) joint development of power generation projects in Nepal, (b) development of cross-border transmission infrastructure, (c) bi-directional power trade with appropriate access to electricity markets in both countries based on mutual benefits, market demand and applicable domestic regulations of each country, (d) coordinated operation of the national grids and (e) institutional cooperation in sharing latest operational information, technology and know-how.

3.2. To expand such cooperation to include their partner countries under the BBIN framework subject to mutually agreed terms and conditions between all involved parties.

3.3 Based on their respective national policies and climate-change commitments, to make renewable energy production, hydropower in particular, a cornerstone of their energy partnership.

3.4 That Indian investment into Nepal's renewable power sector, in particular the Hydropower sector, has the potential to benefit both the countries by strengthening their economies generating employment, enhancing export earnings and contributing to further development of industrial and financial capacities, and mutually agreed sharing of other benefits.

4. Nepal invited Indian companies to invest in the development, construction and operation of viable renewable power projects, including in the Hydropower sector in Nepal, including storage-type projects, including through mutually beneficial partnerships.

5. Recalling discussions during earlier high-level visits on the Pancheshwar Multipurpose project, including during the State Visit of Prime Minister of Nepal to India in August 2017, and recognizing the immense benefits for the people of both countries from this project, the two Prime ministers directed their concerned officials to expedite the bilateral discussions towards early finalization of the project’s DPR.

6. Both Prime Ministers agreed to prioritize expeditious movement on projects and initiatives on the basis of this joint vision. They agreed to continue supporting each other's national growth and prosperity guided by mutual respect and equality.

 

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Ahead of the Lok Sabha elections, PM Modi addressed two public meetings in Nanded and Parbhani, Maharashtra amid overwhelming support by the people for the NDA. He bowed down to prominent personalities including Guru Gobind Singh Ji, Nanaji Deshmukh, and Babasaheb Ambedkar.

Speaking on the initial phase of voting for the Lok Sabha elections, PM Modi said, “We have the popular support of the First-time voters with us.” He added, “I.N.D.I alliance have come together to save and protect their corruption and the people have thoroughly rejected them in the 1st phase of polling.” He added that the Congress Shehzada now has no choice but to contest from Wayanad, but like he left Amethi he may also leave Wayanad. He said that the country is voting for BJP-NDA for a ‘Viksit Bharat’.

Lamenting the Congress for stalling the development of the people, PM Modi said, “Congress is the wall between the development of Dalits, Poor & deprived.” He added that Congress even today opposes any developmental work that our government intends to carry out. He said that one can never expect them to resolve any issues and people cannot expect robust developmental prospects from them.

Highlighting the dire state and fragile conditions of Marathwada and Vidarbha, PM Modi said, “For decades, Congress stalled the development of Vidarbha & Marathwada.” He “It is the policies of the Congress that both Marathwada and Vidarbha are water-deficient, its farmers are poor and there are no prospects for industrial growth.” He said that our government has enabled 'Nal se Jal' to 80% of households in Nanded. He said that our constant endeavor has been to facilitate the empowerment of our farmers through record rise in MSPs, income support through PM-KISAN, and the promotion of ‘Sree Anna’.

Highlighting the infra impetus in Nanded in the last decade, PM Modi said, “To treat every wound given by Congress is Modi's guarantee.” He added “The ‘Shaktipeeth highway’ and ‘Latur Rail Coach Factory’ is our commitment to a robust infra.” He said that we aim to foster the development of the Marathwada region in the next 5 years.

Elaborating on the relationship between the Sikh Gurus and Nanded, PM Modi said, “The land of Nanded reflects the purity of India's Sikh Gurus.” He added that we are guided by the principles of Guru Gobind Singh Ji. “Over the years we have celebrated the 550th birth anniversary of Guru Nanak Dev Ji, the 400th birth anniversary of Guru Teg Bahadur Ji, and the 350th birth anniversary of Guru Gobind Singh Ji,” said PM Modi. He said that the Congress has always opposed the Sikh community and is taking revenge for 1984. He said that it is due to this that they oppose the CAA that aims to bring the Sikh brothers and sisters to India, granting them citizenship. He said that it was our government that brought back the Guru Granth Sahib from Afghanistan and facilitated the Kartarpur corridor. He said that various other decisions like the abrogation of Article 370 and the abolition of Triple Talaq have greatly benefitted our Muslim sisters and brothers.

Taking a dig at the I.N.D.I alliance, PM Modi said “The I.N.D.I alliance only believe in vote-bank politics.” He added that for this they have left no stone unturned to criticize and disrespect ‘Sanatana’. He said that it is the same I.N.D.I alliance that boycotted the Pran-Pratishtha of Shri Ram.

Addressing a rally in Parbhani, PM Modi said, “One must caution against Congress for a 'Viksit Bharat' & 'Viksit Maharashtra.” He added that it is their divisive policies that caused the partition of India and the imposition of Article 370 going against the wishes of Babasaheb Ambedkar.

Reflecting on the Congress detesting Indian culture, PM Modi said, “Congress & it's friends detest India's culture.” He added that it was our government that added the Tiranga on the Navy flag. He said, “Our government made sure the Indian Navy reflected the might of Chhatrapati Shivaji Maharaj.” But the Congress even opposes these steps that showcase the vibrancy of our culture.

In conclusion, PM Modi said that we all must strive to ensure that India becomes a ‘Viksit Bharat’, and for that, it is the need of the hour to vote for the BJP-NDA. He thanked the people of Nanded and Parbhani for their overwhelming support and expressed confidence in a Modi 3.0.