Nepal and India have agreed to sell more electricity to each other. The Nepal-India power exchange committee that met in Kathmandu last week agreed to exchange 150 megawatts of power, up from the existing pact to give each other up to 50MW. Presently, Nepal imports 50MW of electricity and exports about 37MW. Nepal Electricity Authority says the new arrangement will enable it to use the surplus energy after some power projects now under construction begin supplying to the central grid. Nepal and India exchange power at IRs1.60 per unit. The power exchange would entail construction of 132KV transmission lines connecting Butwal and Anandnagar, Birgunj and Motihari, and Dhalkebar and Sitamadi. Nepal has already put together finances needed for the new construction on the Nepali side of the border.