Minister Shrestha Unveils 32-Point Reform Plan for Nepal's Energy and Water Sectors
Summary
Minister Biraj Bhakta Shrestha announces a 32-point reform plan targeting structural reforms, transparency, and improved performance in Nepal's energy, water, and irrigation sectors with strict deadlines and comprehensive directives.
Key Points
- Minister Biraj Bhakta Shrestha has unveiled a 32-point action plan for reforming the energy and water sectors in Nepal.
- The plan includes implementing an open access electricity market system and differential tariffs for reservoir and pumped-storage projects.
- The Electricity Regulatory Commission and other bodies are tasked with detailed reviews to improve performance and transparency in hydropower projects and licenses.
- Water resource management strategies include river basin master plans, digital groundwater monitoring, and irrigation project completion with international cooperation.
