New Delhi: Ganesh Karki, President of the Independent Power Producers’ Association, Nepal
), has urged Indian investors to invest in Nepal’s energy sector.
Speaking at the ‘India-Nepal Energy Summit’ held in New Delhi on Wednesday, Karki highlighted Nepal’s ambitious plan to generate 28,500 megawatts of electricity by 2035. Achieving this goal will require an investment of $46.5 billion, making it a golden opportunity for investors.
Karki assured investors that the Nepal government guarantees both the security of investments and returns. He emphasized that investment opportunities are available not just in power generation but also in consultancy services, machinery supply, and other related sectors.
He noted that Nepal’s private sector, which started producing electricity only in 2000, now contributes about 80% of the country’s total installed capacity of 3,500 megawatts (around 2,800 MW).
Currently, Nepal and India exchange 1,000 megawatts of electricity, and a long-term agreement has been signed to increase this to 10,000 megawatts within the next decade. Karki added that Indian companies are already involved in projects producing 5,000 megawatts in Nepal, with several other projects awaiting Indian investment.
Nepal is eager to partner with major Indian business groups like Adani Group, Tata Power, Jindal Power, GMR Group, SJVN Limited, and NHPC, according to IPPAN President Ganesh Karki.
Karki stated that Nepal’s rich hydropower potential can be harnessed to meet the growing energy demands in the regional market.
During his presentation, IPPAN Vice President Anand Chaudhary shared that Nepal currently produces 3,500 megawatts of electricity. He added that projects totaling 4,000 megawatts are under construction, while those with a capacity of 4,100 megawatts are awaiting financial arrangements after signing Power Purchase Agreements (PPA). Additionally, projects with a combined capacity of about 20,000 megawatts are in various stages of study, offering attractive investment opportunities for Indian investors.
Chaudhary also briefed Indian investors about three dozen large and appealing hydropower projects in Nepal, owned by both private and government sectors.
Chiranjivee Chataut, Joint Secretary at Nepal’s Ministry of Energy, Water Resources, and Irrigation, encouraged Indian investors to invest confidently in Nepal. He highlighted Nepal’s investor-friendly policies, the operational 400 kV transmission line between Nepal and India, and two more lines under construction, ensuring sufficient infrastructure for electricity generation and trade.
Chatout emphasized that Nepal’s hydropower policies are designed to protect investors, inviting major Indian investors to seize the opportunity.
The summit, held under the theme “Exploring Investment Opportunities in Hydropower and Renewable Energy Sector,” was organized by the Embassy of Nepal in India and the Indian Federation of Green Energy (IFGE), with institutional participation from IPPAN.
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