Nepal bets big on hydropower, but experts see rising risks
Nepal, May 14 -- The ruling Rastriya Swatantra Party (RSP)-led government has unveiled an ambitious energy roadmap aimed at transforming Nepal into a regional electricity powerhouse, targeting 15,000 MW of installed capacity within five years and 30,000 MW within a decade.
But energy economists, hydropower experts and market analysts are warning that the strategy-if centered primarily on expanding generation-could deepen Nepal's economic vulnerabilities rather than deliver long-promised prosperity.
According to experts familiar with Nepal's evolving energy market, the country's biggest challenge is no longer electricity generation itself, but whether Nepal can profitably consume, store or export the electricity it plans to generate.
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