Social Security Fund Prioritizes Investment in Hydropower and Renewable Energy
Summary
The Social Security Fund prioritizes investment in hydropower and renewable energy projects through loans and co-financing, aiming to diversify its portfolio and support economic development in Nepal.
Key Points
- The Social Security Fund has prioritized investing in hydropower and renewable energy projects in collaboration with government-owned companies.
- As of May 20, NPR 111.07 billion has been deposited in the fund, with efforts to expand investment scope as funds increase.
- The fund avoids investing in electricity projects below 20 MW or projects with restrictive electricity purchase conditions.
- Investment policies also include sectors like tourism, construction, IT, service, and agriculture via loans with adequate collateral.
