Government revising law to allow private sector to engage in power trade
Starting this monsoon, Nepal is set to have surplus energy, which India is keen to buy, but Nepali private sector is not yet permitted to pursue power trade.
Energy, Water Resources, and Irrigation Minister Shakti Bahadur Basnet has called upon the private sector to prepare for engaging in the electricity business.
Nepali private sector flags concern over the new Electricity Bill, which has envisaged granting legal permission for energy trade, but is pending in Parliament.
