The 26th anniversary of the Independent Power Producers’ Association Nepal (IPPAN) was recently celebrated. During the event, IPPAN President Ganesh Karki highlighted that the regulation requiring hydropower projects to commence electricity production before issuing an Initial Public Offering (IPO) has directly impacted local and general investors.
According to Karki, over 900 hydropower projects across Nepal have obtained licenses, with a combined capacity of 11,600 MW in various stages of development. So far, approximately 16,000 MW of Power Purchase Agreements (PPAs) have been signed, and 4,000 MW of electricity has already been connected to the national grid.
Karki further stated that nearly 1.13 million Nepalis have invested in the hydropower sector, with a total investment of around NPR 13 kharba 10 arba. Currently, about 35 hydropower projects are awaiting IPO approval. He emphasized that the rule allowing IPO issuance only after production delays timely investment opportunities for local and general investors, affecting their ability to participate in projects during the early stages.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
