Nepal sets 28,500 MW target, eyes 15,000 MW exports in decade-long energy strategy
Summary
Nepal aims to develop 28,500 MW of installed capacity by 2035, increase per capita electricity consumption tenfold to 1,500 units, and export 15,000 MW as part of its decade-long energy strategy to become a competitive clean energy hub.
Key Points
- Nepal targets 28,500 MW installed energy capacity and 15,000 MW electricity exports by 2035 under its new energy strategy.
- The government aims to increase per capita electricity consumption to 1,500 units from around 450 units currently.
- Key strategy pillars include generation expansion, demand growth, grid modernization, cross-border transmission, market management, and legal reforms.
- Projects like Budhi Gandaki, Upper Arun, and over 1,000 MW solar PV are planned to boost capacity and exports.
