IPAN Chairman Urges Nepal Electricity Authority to Sign PPAs with Private Projects
Summary
IPAN has urged the Nepal Electricity Authority to immediately sign power purchase agreements for private projects and allow private electricity trading if the utility cannot buy all the power generated. Chairman Mohan Dangi warned that around Rs 66 billion in private investment is at risk while many hydropower projects await PPAs.
Key Points
- IPAN Chairman Mohan Dangi called on the Nepal Electricity Authority to sign PPAs immediately for private sector power projects.
- He said about Rs 66 billion in private investment is at risk in projects waiting for PPAs.
- IPAN wants the government to allow private electricity trading and transmission line construction if the NEA cannot purchase all generated power.
- The association also wants hydropower design standards changed from Q40 to Q25, arguing it would raise capacity and cut production costs.
