Private sector for competitive licensing for hydropower projects
A new bill proposes any government entity and a firm having at least 51 percent stake of the government can be allowed to develop a project without competition.
KATHMANDU, April 20: The private sector is ahead of the government in terms of the construction and production of hydropower projects. According to the electricity production details of Nepal Electricity Authority (NEA) as of mid-March, the private sector leads in electricity production compared to the government.
KATHMANDU, April 20: The private sector is ahead of the government in terms of the construction and production of hydropower projects. According to the electricity production details of Nepal Electricity Authority (NEA) as of mid-March, the private sector leads in electricity production compared to the government.
A new bill proposes any government entity and a firm having at least 51 percent stake of the government can be allowed to develop a project without competition.