PM Shah assures private energy producers of government support to solve bottlenecks
Summary
Prime Minister Balendra Shah assured private energy producers of government support in addressing challenges in energy production, hydropower development, and investment facilitation in Nepal.
Key Points
- Prime Minister Balendra Shah emphasized the energy sector as crucial for Nepal’s economic transformation, employment, industrialization, and green development.
- The government has taken the issues raised by Independent Power Producers’ Association, Nepal (IPPAN) seriously and is committed to resolving them.
- Discussions focused on power purchase agreements, stalled project advancement, transmission issues, environmental and land acquisition processes, and investment security.
- Prime Minister Shah assured coordination with relevant ministries and agencies to create a more investment-friendly energy sector environment.
