Government revising law to allow private sector to engage in power trade

The government wants to allow the private sector to participate in power trading, particularly to export power to India, because Nepal is expected to have excess energy during the rainy season, and India is more ready than ever to provide market access to Nepal’s power.

“In Nepal, the private sector is allowed just to produce electricity while the Nepal Electricity Authority has the monopoly in the areas of transmission, distribution and trading. But India has liberalised the power market with many private sector companies engaged in production, procurement and distribution”, said Dr.Posh Raj Pandey, Chairperson at SAWTEE while speaking to The Kathmandu Post.