Nepal Unveils New Strategy to Boost Energy Consumption and Electricity Exports
Summary
Nepal has unveiled the 'Energy Consumption Growth and Export Strategy, 2083' focusing on boosting domestic electricity consumption and significantly increasing electricity exports over the next decade.
Key Points
- Nepal submitted the 'Energy Consumption Growth and Export Strategy, 2083' aimed at making the energy sector the foundation for economic transformation.
- The strategy targets increasing per capita electricity consumption from 450 to 1,500 kilowatt-hours within 10 years and achieving 100% household electrification.
- It aims to boost exports to regional markets, targeting 15,000 megawatts of electricity export within the next 10 years.
- The plan includes upgrading transmission infrastructure, promoting electric vehicles, implementing seasonal tariffs, and enhancing private sector participation in electricity trading.
