Reservoir Projects Are Government’s Top Priority for Energy Security: Energy Minister Shrestha
Summary
Minister Biraj Bhakta Shrestha announced prioritizing reservoir-based hydropower projects in Nepal to ensure long-term energy security and support economic transformation.
Key Points
- Minister Biraj Bhakta Shrestha said reservoir-based hydropower projects are a national priority for Nepal's energy security and economic growth.
- The government aims to expand reservoir projects to support industrial growth, flood control, irrigation, and tourism.
- Climate change risks make reservoir projects crucial for stable energy supply and water management.
- Nepal Electricity Authority is tasked to develop integrated reservoir project models and attract investments with extended licensing incentives.
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