Nepal Govt opens energy sector for private investments
India, June 13 -- The Nepal Government has cleared the way for private players to enter the Himalayan nation's energy sector, said Federal Minister Biraj Bhakta Shrestha on Friday.
Speaking at the annual general meeting of the Independent Power Producers' Association, Nepal (IPPAN) in Kathmandu, the Energy Minister said that the private sector will now be involved in transmission, distribution, and trading of power.
IIPAN is a non-profit autonomous organisation that works with the Government in the sectors of energy and irrigation.
The Government has started amending laws hindering energy development and discouraging investment in the sector, he said, adding that the government will also introduce bills related to renewable energy and ...
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