Nepal Unveils Ambitious Plan to Boost Hydropower by 900 MW

Finance Minister Barsha Man Pun unveiled the Nepalese government’s ambitious plan to inject 900 MW of hydropower into the national grid in the upcoming fiscal year of 2081/82 BS (2024/25). This strategic initiative marks a significant leap forward in Nepal’s renewable energy sector, poised to enhance energy security and propel economic growth.

Addressing a joint session of the federal parliament, Minister Pun outlined the pivotal role of hydropower in Nepal’s energy landscape, emphasizing its potential to meet the nation’s burgeoning electricity demands sustainably. The plan underscores the government’s unwavering commitment to harnessing Nepal’s abundant water resources for the collective benefit of its citizens.

The proposed addition of 900 MW of hydropower capacity represents a substantial stride towards achieving energy self-sufficiency, reducing dependency on fossil fuels, and mitigating environmental degradation. It signals a paradigm shift towards a more resilient and eco-friendly energy infrastructure, aligning with Nepal’s broader vision for sustainable development.