Government sets 180-day deadline to clear stalled power deals, eyes export push
Summary
The government has set a 180-day deadline to clear pending power purchase agreements and licensing for energy projects, aiming to boost electricity production and exports while restructuring the Nepal Electricity Authority.
Key Points
- The government has set a 180-day deadline to resolve power purchase agreements and licensing issues for energy projects.
- Energy entrepreneurs expect PPAs for projects totaling around 13,000 megawatts to be completed within six months.
- A strategy for energy exports is planned to be prepared within one month, with private sector involvement expected.
- The government plans to restructure the Nepal Electricity Authority and improve industrial security to encourage investment.
