Independent Power Producers Association of Nepal Elects New Leadership
Summary
The Independent Power Producers Association of Nepal (IPPAN) is electing new leadership, unveiling a Vision 2029 that aims to make Nepal self-reliant in energy and a regional energy hub.
Key Points
- IPPAN is holding elections for new leadership with Uttam Lama Bhlon running for Senior Vice President.
- Bhlon's team presented 'Vision 2029' aiming for Nepal to be self-reliant in energy and boost economic prosperity.
- Plans include reopening stalled power purchase agreements for projects over 12,000 MW and addressing transmission line issues.
- Vision 2029 calls for policy reforms such as extending hydropower licenses from 35 to 50 years and promoting electricity exports to South Asia.