AIIB keen to work on digital upgrade for Nepal’s power system
Summary
The Asian Infrastructure Investment Bank has expressed interest in supporting the modernization and digital transformation of Nepal’s power infrastructure. Talks with Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha also covered disaster preparedness, early warning systems and recovery work after the Bhote Koshi floods.
Key Points
- AIIB wants to help modernize and digitally transform Nepal’s power infrastructure.
- A delegation led by Director General Rajat Misra met Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha in Kathmandu.
- The discussion covered transmission and distribution upgrades, post-disaster recovery, and early warning systems.
- AIIB said it could draw lessons from the Bhote Koshi floods to support disaster preparedness.
