Minister Proposes 2% Hydropower IPO Quota for Security Personnel
Summary
Energy Minister Biraj Bhakta Shrestha says legal procedures have begun to reserve a mandatory 2% share in upcoming hydropower IPOs for security personnel. He also urged stricter safety standards and modern technology to build disaster-resilient energy infrastructure after the Bhote Koshi disaster.
Key Points
- Legal procedures have begun to reserve a mandatory 2% share in upcoming hydropower IPOs for security personnel.
- The policy is meant to recognize the service and risk taken by security forces during crisis management and rescue operations.
- Minister Biraj Bhakta Shrestha praised ministry agencies for their response to the Bhote Koshi disaster.
- He called for higher safety standards and modern technology to make energy infrastructure more disaster-resilient.