Nepal Government to Formulate Energy Export Strategy Within a Month

Summary

The Nepal government plans to formulate an energy export strategy within a month and set timelines for power purchase agreements and hydropower expansion to boost the energy sector and economic development.

Key Points
  • The government will prepare a strategy for energy export within one month.
  • Agreements for electricity purchase and sale will be made within 180 days.
  • Decisions on power purchase agreements and licenses will be finalized within 180 days.
  • A multi-dimensional financial structure will be developed for long-term energy sector financing.
Article image