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Power Summit 2013 From Today

  2 min 4 sec to read

The Independent Power Producers’ Association Nepal (IPPAN) will host the Power Summit 2013, in Kathmandu, on August 26-27, to critically review the performance of the domestic hydropower sector, discuss hurdles preventing the sector’s development, and identify ways to quicken the pace of the sector’s development.
 
The two-day conference to be organised with a theme ‘Hastening the pace of hydropower development’, will be participated by high-ranking government officials, the private sector and delegates from over a dozen countries, including the US, China, India and Norway, among others.
 
“We are trying to make the conference as thematic as possible and most of the focus would be on finding why country’s hydro sector has not been able to take off and obstructions that need to be removed so that development can gain momentum,” IPPAN vice president Khadga Bahadur Bista said.
 
Although it is touted that Nepal has the potential to produce 83,000MW of electricity, the country so far has been able to tap less than 800MW of electricity from the rivers. As a result, hours-long power outage has become a norm in the country, which is affecting production at various industries and hindering country’s economic development.
 
To address these issues, the conference will discuss the status of hydro power projects required to meet domestic energy demands, electricity demand forecast, power market integration, transmission line and power market management,  pricing strategies and foreign markets that can import electricity from Nepal. 
 
“The conference will also delve into strategies on financing projects to meet domestic demands, risks associated with these projects, and mitigation measures,” says an IPPAN statement. The conference will also discuss harmonisation of various laws for timely implementation of projects and ways to channelise investment of non-resident Nepalis.
 
“We shall, therefore, focus our deliberations under the following four categories — projects to meet domestic demand with domestic investment, projects to meet domestic demand with foreign investment, projects for power export with foreign investment, and power markets and their management and integration,” Bista said.
 
The conference, to be jointly organised by PTC India Ltd and Non-Resident Nepalis Association, is being supported by the Energy Ministry and the Investment Board of Nepal.
 

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