Government to Amend Law for Private Sector Participation in Electricity Trading
Summary
The government is preparing to amend the law to allow private sector participation in electricity distribution and trading, alongside production. Nepal is also pushing cross-border power trade and aiming to build the legal basis to export up to 15,000 megawatts of electricity.
Key Points
- The Ministry of Energy, Water Resources and Irrigation is working to amend the law so private companies can enter electricity trading.
- Secretary Sarita Dwadi said the existing Electricity Act does not clearly allow permits or directives for power trading.
- The government wants to expand cross-border electricity trade and create conditions to export up to 15,000 megawatts.
- Energy has been prioritized in the government’s 100-point governance reform agenda, and ministry committees are already preparing reports.
