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Hydro Meets In The Offing

  1 min 18 sec to read

--By TC Correspondent 
 
The Independent Power Association of Nepal (IPPAN) and Hydroelectricity Investment and Development Company Limited (HIDCL) will be organising consecutive meetings of the hydro power sector from August 26-29. 
 
Hosting the Power Summit 2013 on August 26-27, IPPAN is collaborating with PTC India limited (PTC) and the Nonresident Nepali association (NRNA) to catalyze the hydropower sector in the face of political instability. The power summit will conduct a critical review of where the hydropower sector has reached since 2006, assessing what is lacking and what needs to be in place in order to hasten the pace of the sector. 
 
A key point to be raised is the seven-year period of slow growth of the sector which has only been able to generate 180 MW of electricity – 110 MW coming from the private sector and 70 MW from the NEA. Participants of the event include stakeholders from Brazil, China, Czech Republic, France, India, Korea, Nepal, Norway and USA. 
 
Meetings on August 28-29 include a hydropower investment meet by HIDCL supported by the Ministry of Energy, the Ministry of Finance, The Investment Board of Nepal (IBN) and the Asian Development Bank (ADB). Major attractions include the participation of international and domestic hydropower developers, investment companies, sovereign wealth funds and utility companies. The programme will focus on a long overdue follow-up by the investor’s forum and a reflection by ADB.  
 

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