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.