Private Sector Key to Expanding Electricity Market, Say Energy Experts
Summary
Energy experts say the private sector is essential for expanding Nepal’s electricity market, arguing that existing laws already allow hydropower generation licenses without new legislation. At a discussion in Lalitpur, speakers urged stable policies, stronger regulation and deeper private-sector partnerships to support Nepal’s power trade with India.
Key Points
- Energy experts said the private sector is crucial for expanding the electricity market and that no new law is needed to issue hydropower licenses under the existing Electricity Act, 2049.
- The comments were made at an IPPAN discussion in Lalitpur on Nepal-India energy trade and the role of the private sector.
- Energy Minister Biraj Bhakta Shrestha said the government wants to partner with the private sector to use water resources for hydropower and keep Nepal a reliable electricity exporter.
- Former officials said the existing law already allows for electricity production, sale and import, so private-sector licenses can be issued under current provisions.
