Kathmandu. The Supreme Court has upheld the long-term electricity trade agreement between Nepal and India, clarifying that there will be no external monopoly in the electricity trade agreement. A long-term electricity trade agreement was signed between Nepal and India for 25 years on January 19, 2024. In the writ filed by former Chief Commissioner of the Commission for Investigation of Abuse of Authority, Suryanath Upadhyay, against the agreement, the court has ruled that parliamentary approval is not required to enter into an electricity trade agreement.The court has defined the agreement as a document of a 'commercial and contractual' nature between...