Nepal Prioritizes Energy Sector as Key Economic Driver: Finance Minister
Summary
Nepal's Finance Minister Dr. Swarnim Wagle emphasized the government's focus on the energy sector as a key driver for economic growth, highlighting plans to generate 30,000 megawatts of electricity within the next decade.
Key Points
- Minister for Finance Dr. Swarnim Wagle states energy sector is central to Nepal’s economic development strategy.
- Government commits to giving special priority to the energy sector to boost national economy.
- Independent Power Producers’ Association of Nepal (IPPAN) presented a 53-point proposal urging investment-friendly policies.
- IPPAN President Ganesh Karki called for reopening Power Purchase Agreements and private sector involvement in electricity trading and transmission.
