Ministry of Energy Prepares to Amend Water Resources Bill 2083 Amidst Private Sector Concerns
Summary
The Ministry of Energy plans to amend the Water Resources Bill 2083 amidst private sector concerns that new provisions could jeopardize hydropower investments and hinder the government's 30,000 megawatts electricity target.
Key Points
- The Ministry of Energy is preparing to amend the Water Resources Bill 2083 originally introduced by the previous government.
- Private sector energy entrepreneurs express concerns that new provisions in the bill and related policies risk their hydropower investments and production capacity.
- The bill proposes a controversial 15 percent environmental flow release, increased regulatory control, and responsibilities for dam safety that the private sector finds vague and burdensome.
- The Private sector demands suspension of the Electricity Power and Energy Schedule Determination Method-2083 and requests repeal or revision of provisions to support investment and federalism.
