Energy Minister Shrestha Pledges Partnership with Private Sector to Boost Energy Development
Summary
Minister Biraj Bhakta Shrestha pledges to treat the Independent Power Producers' Association Nepal as a partner to boost energy development and plans to implement new policies and reforms in the sector.
Key Points
- Minister Biraj Bhakta Shrestha intends to treat IPPAN as a partner rather than just a stakeholder in Nepal's energy sector.
- The private sector contributes significantly more to Nepal's energy system than the state, according to the minister.
- Plans include implementing a Research and Development policy and supporting a multiple-buyer model for energy.
- IPPAN President Ganesh Karki urges the government to follow a 100-point action plan and address regulatory hurdles affecting the private sector.
