The Nepal Electricity Authority says it is now capable of selling Rs 1 billion worth of electricity to India, thanks to the 140 MW Kali Gandaki project that came on line earlier this year. A committee formed by the NEA to assess the export potential of the utility reports that the NEA can supply about 40 MW throughout the year, during the monsoon as well as dry months. Nepal and India are expected to sit down next month to discuss the purchase prices, and the NEA says that the necessary transmission systems needed for the power transfer are already being built. Nepal and India already have a 150 MW power exchange agreement, but because they exchange power, the two countries have not yet had to agree on a price for actual selling.