Government Prioritizes Energy Sector in Governance Reform Agenda
Summary
The government has prioritized the energy and water resources sector in its governance reform agenda by advancing an energy export strategy, NEA structural reform, and multi-dimensional investment policies to boost economic transformation and private sector participation.
Key Points
- The government has prioritized the energy and water resources sector in its governance reform's hundred-point agenda.
- An energy export strategy is to be prepared within one month focusing on high-price markets, especially during peak hours.
- The Nepal Electricity Authority (NEA) will undergo structural reform with immediate implementation processes.
- A multi-dimensional financial structure involving government, private, foreign, and diaspora investment will be developed to support the energy sector.
