The Karnali Province government has decided to implement a policy to construct hydropower projects through joint investment by local governments and the private sector starting from the fiscal year 2082/083. The province’s annual budget, presented on 1 Ashad, highlights plans to conduct feasibility studies for projects up to 20 megawatts and build such projects through partnerships among the provincial government, local bodies, and private investors.
Additionally, the government will identify and study rural small-scale hydropower projects operated by local communities and continue maintenance and repair activities based on priority.
According to the provincial government, special efforts will be made to identify investors and implement large hydropower projects managed by the federal government. Moreover, Karnali Province will arrange to invest shares in projects constructed with government funding.
Previously, the provincial government has already invested shares in the semi-reservoir Jagadulla Hydropower Project under construction in Dolpa district. For the coming fiscal year, NPR 383 crore has been allocated to the Ministry of Water Resources and Energy Development.
Despite abundant potential in hydropower resources, Karnali Province has yet to see effective progress in hydropower development. Studies conducted nearly two decades ago estimated that the Bheri and Karnali river basins have a potential to generate over 18,000 megawatts of electricity. However, due to neglect by the federal government, Karnali continues to suffer from energy shortages.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
