Nepal Targets 30,000 Megawatts of Power Capacity Within a Decade
Summary
Nepal aims to achieve an electricity capacity of 30,000 megawatts within the next decade by prioritizing large reservoir projects, energy-intensive industries, and regional energy cooperation.
Key Points
- The government has set a target to reach 30,000 megawatts of installed electricity capacity within the next decade.
- Priority will be given to large reservoir and semi-reservoir projects like Budhigandaki and Dudhkoshi.
- Policies to attract energy-intensive industries such as steel and cement have been adopted to increase domestic electricity consumption.
- The government will promote private-sector participation and regional energy trade through bilateral cooperation with India and Bangladesh.