Hydroelectricity Project Financing Model in Nepal: Need for Discussion

Energy is a basic requirement of the development and it has played very important role in macro economy. Hydropower generation and its use in a wide range expected that Nepal can accelerate its pace of economic growth. During the 100 years history of hydro power development, we are harnessing only 1.5% of 43000 MW technically water resources and welcoming 18 hours of load shedding in dry seasons in spite of numbers of policies, rule and regulation, strategies and report have been prepared. Past two governments envisioned clear picture on hydro power - production of 10 GW to 25GW within ten years to 20 years has bring a new momentum. The ambitious plan can implement and achieve the goal if country has political stability, transparent and committed accountable mechanism and create suitable investment environment.