Monday, March 2, 2015

The Way Forward

After the success of the first Hydropower Summit in 2014, the second one-day hydro-event ‘Nepal Hydropower – The way forward’ is scheduled to be held on March 5 at Hyatt Regency, Kathmandu. The government of Nepal, World Bank Group and Asian Development Bank will jointly host the programme.
This event will be significant as it will witness the signing of a MoU between the government of Nepal, GMR and Bangladesh for power supply agreement. Moreover, it will help to determine a road map to implement already signed agreements among key stakeholders to accelerate the next steps.

The event will initiate regional-level dialogue at a political level to help articulate the road ahead for Nepal, encompassing progressive policy and regulatory framework to accelerate private investment in the hydro sector. The event seeks to bring regional consensus and a regional-level power trade buy-in.

The one-day event will have a ministerial session from Nepal, India, Bangladesh, Sri Lanka, Pakistan and Bhutan and will be focus on the vision and deliberate on cross-border energy trade and cooperation. There will also be panel discussions on promoting a transparent, stable and predictable investment regime in Nepal's hydro sector to attract developers and financiers among international, regional and local decision makers and stakeholders.

Published on March 1, THT Perspectives

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