Minister Ghising for competitive PPA on hydropower
Summary
Minister Kulman Ghising urges the Electricity Regulation Commission to adopt a competitive and transparent power purchase agreement for hydropower, similar to the existing model for solar energy, to ensure energy accessibility in Nepal.
Key Points
- Minister Kulman Ghising urges the adoption of a competitive power purchase agreement (PPA) for hydropower.
- He suggests preparing a base rate for transparent and competitive hydropower PPAs.
- Currently, Nepal Electricity Authority purchases solar energy on a competitive price model with a max Rs 5.94 per unit rate.
- The PPA rate for hydropower is Rs 4.80 per unit during monsoon and Rs 8.80 during winter, with a push for regulatory improvements and private sector promotion.
