Exporting Hydropower really ?

Hydro Power companies represents 4.34% of the total market cap of the Nepal stock exchange .
An Investor is interested to buy stocks of a particular company,when the investor thinks that price of stock of the company will go up.

These days in Nepal if people have little bit of savings then they prefer to buy stocks rather than saving it .Even though with very minimum FII and the global economic crisis ,Nepalese stock market is in the positive territory . According to the economist magzine NPSE one of the fastest growing stock market in the World.

Being a student of economics and acquiring a little knowledge about financial market over the years. I am very skeptical about the Nepalese stock market and way it works . To be extact let me quote one of the Nepalese market analyst "The equity market is the biggest leading indicator for the economy, but in case of Nepal, NEPSE rarely connotes the reality"

We all have heard the rhetoric about Nepal hydro power potential . out of 8300 kWh Nepal has presently untapped 43,000 MWH renewable energy arsenal. Hydro power companies and policy makers claim that Nepal can sell its Hydropower to neighboring countries,especially India.
With the sluggish rate of infrastructural reform and never ending impasse between the government and the Maoist ,Nepal is loosing its potential market.

Energy market in India has a huge potential .About 56 percent of India's 1.1 billion people do not have access to electricity.The lack of energy infrastructure is one of the major barrier of Indian growth .India has recognized the need to invest in alternative sources of energy for several reasons including (1) the ability to generate power in remote locations, (2) to reduce dependence
on foreign countries, and (3) to address environmental concerns. India’s 11th Five Year Plan
(2007-2012) outlines the need for nonconventional sources of energy such as wind, small
hydro, biomass and solar and plans to increase power generation from these alternative
sources to 183,000 MW by 2032 (goldman sachs,2007)

India hopes to move from near-zero to 20,000 megawatts of solar electricity by 2020, as part of the National Action Plan on Climate Change.India has also plan to invest $100 billion dollar to harness Nuclear energy .

Indian energy sector has lots of competition and I think it will be very hard for Neplese Hydro power companies to supply electricity to India at a competative market price .