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Dhirghayu Kumar Shrestha Highlights Forest Bottlenecks in Energy Sector Development
Kathmandu — Acting Managing Director of the Nepal Electricity Authority, Dhirghayu Kumar Shrestha, has said he is positive about allowing the private sector to enter electricity trading and transmission line construction. Speaking at the 24th general assembly of the Independent Power Producers’ Association, Nepal (IPPAN), Shrestha noted that the private sector has made a significant contribution…
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Energy Sector PPP to Be Taken to New Level: Minister Shrestha
Kathmandu: Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha has stated that Nepal’s energy sector has entered a decisive phase of transformation and reiterated the government’s commitment to further expanding collaboration with the private sector. Addressing the 24th Annual General Meeting and 8th Convention of the Independent Power Producers’ Association, Nepal (IPPAN),…
Government Opens Early IPO Window to Boost Reservoir Hydropower Projects
KATHMANDU, May 29: The government has unveiled a set of incentives aimed at accelerating investment in reservoir-based hydropower, offering developers an unusual early advantage: permission to float up to 40 percent of shares through an initial public offering (IPO) in the very first year of operation. Announcing the provision while presenting the budget for fiscal year 2026/27 in Parliament on…
Government Allocates Rs 70 Billion to Accelerate Transmission Line and Substation Projects
Kathmandu: The government has allocated a budget of Rs 70 billion for the construction of transmission lines and substations currently under development. While presenting the upcoming fiscal year 2026/27 budget, Finance Minister Dr. Swarnim Wagle stated that a significant budget has been set aside for the expansion of electricity transmission infrastructure. According to him, the ongoing…
Govt allocated Rs 70 bn for transmission lines and substations under construction
Kathmandu: The government has allocated a budget of Rs 70 billion for the construction of transmission lines and substations currently under development. While presenting the upcoming fiscal year 2026/27 budget, Finance Minister Dr. Swarnim Wagle stated that a significant budget has been set aside for the expansion of electricity transmission infrastructure. According to him, the ongoing…
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Nepal’s Electricity Access Reaches 99.1%, Power Exports Drive Strong Energy Growth
Kathmandu: Nepal has achieved significant progress in the energy sector this year. Currently, 99.1% of the population has access to electricity, which the government considers a major accomplishment. Finance Minister Dr. Swarnim Wagle, while presenting the Economic Survey for Fiscal Year 2025/26, in the Federal Parliament, stated that Nepal’s electricity generation capacity has reached 4,105…
Nepal Urged to Diversify Energy Sources to Strengthen Long-Term Energy Security
KATHMANDU: Experts have called on the government to urgently prioritize energy security through diversification of energy sources and accelerated investment in electricity storage technologies, warning that Nepal’s growing dependence on a narrow energy base could pose long-term economic and supply risks. Experts noted that global energy markets have faced repeated shocks in recent years,…
Nepal Supreme Court Orders Higher Free Electricity Share from Phukot Karnali Project
Nepal’s Supreme Court has directed the government to increase the proportion of free electricity Nepal would receive from the 480 MW Phukot Karnali Hydropower Project in Kalikot, a mountain district in the Karnali province. In May 2023, a memorandum of understanding (MoU) was signed between the government-owned Vidhyut Utpadan Company Limited and India’s state-owned National Hydroelectric Power…
