Govt opens door for private sector in cross-border electricity trade
Summary
The government has issued letters of intent to private companies to prepare for cross-border electricity trade, opening the door for Nepali firms to explore new markets and trading partnerships. The letters do not yet authorize electricity sales, which will require separate licences and approvals.
Key Points
- The government has issued letters of intent to private companies for preparations related to cross-border electricity trade.
- The move allows firms to study domestic and foreign markets, identify buyers and trading partners, and assess technical and financial feasibility.
- The letters of intent do not permit immediate electricity buying or selling and are not final approval for trading businesses.
- The initiative is meant to help Nepal expand beyond power generation into market development and regional energy trade.
