Nepal's initiative to benefit Indian hydropower companies

With high hydropower potential but low output level, severely power starved Himalayan country Nepal is in process of widening the bottlenecking identified as hindrance for the power promoters, mainly from India, to come forward. The country has a set objective to produce 25,000 MW extra hydropower by 2030. According to Mr. K D Adhikary, Joint Secretary at Nepal Energy Ministry, conflicting acts are causing trouble in initiating power projects. Thus, the country is planning to amend these acts