AGP Executive Report
Last update: 8 hours agoPower & Trade Continuity: India approved exporting up to 654 MW of electricity to Nepal for 18 hours daily (600 MW via Muzaffarpur–Dhalkebar 400 kV and 54 MW via Tanakpur–Mahendranagar 132 kV) from Sept 13 to Dec 31, 2026, after August floods damaged Nepal’s hydropower and cut generation by about 550 MW. Flood Damage Economics: Nepal’s Bhotekoshi–Trishuli flood is estimated to have hit GDP by 6.69%, with total damage and losses pegged at NPR 150.36 billion in the northern border corridor, including NPR 12.9 billion to transport and NPR 34.28 billion in productive-area damage. Agriculture & Livestock: RDNA estimates crop losses at about NPR 1.09 billion, with paddy damage across 1,669 hectares and livestock impacts adding further strain. Infrastructure Recovery: Temporary log bridges and cable crossings (tuin) are being installed to reopen the Rasuwa–Nuwakot road for movement after concrete bridges were washed away. Energy Monitoring Gap: Nepal lost or disabled key river monitoring stations along the Bhote Koshi–Trishuli corridor, reducing real-time flood data during the disaster wave. Markets & Industry Push: NEPSE rose 25 points as investors awaited a stock-market reform plan, while PM Balen Shah met industrialists and floated ideas like Nijgadh airport to revive investment. Policy & Planning: A government-led assessment pegs flood recovery and reconstruction needs at about NPR 723 billion (about $4.7–4.8b), including resilience measures.
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