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Private sector to be allowed to trade electricity in international market

SPIL
Nepal Life

Kathmandu. Now, the government is going to allow the private sector to trade electricity in the international market. It has also stated that legal provisions will be made to construct transmission lines and trade electricity by charging wheeling charge.

After the approval period of the hydropower project, the ownership of the project will be transferred to the Government of Nepal. In order to encourage the private sector for the development of big and reservoir-based projects, the government has a plan to sell up to forty percent of the shares to the general public in the first year itself if the promoters decide to invest hundred percent of the amount in reservoir-based projects.

Esewa
Crest

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