Government Sets Goal to Achieve 30,000 MW of Installed Electricity Capacity in the Next Decade

The government has set a target to increase the installed electricity capacity to 30,000 megawatts over the next decade. Priority will be given to the construction of large reservoir projects such as Budhigandaki and Dudhkoshi, according to a newly released draft plan. The plan also aims to encourage private sector participation in transmission and distribution alongside power generation, while strengthening energy diplomacy and cooperation with neighboring countries. April 14, Kathmandu.

According to the draft national commitment prepared by incorporating the election pledges of six political parties, amendments to laws related to land, forests, and the environment, as well as policy reforms, will be implemented to achieve the target of 30,000 megawatts installed capacity within the next ten years. The document emphasizes providing viability gap funding to prioritize the construction of large reservoir and semi-reservoir projects such as Budhigandaki and Dudhkoshi.

In line with the government’s commitment, efforts will be made to attract large energy-based industries, including steel, cement, medicinal herb processing, data server stations, and chemical fertilizer industries. Alongside power generation, policies and legal frameworks will be designed to promote private sector participation in storage, transmission, and distribution systems. Additionally, arrangements will be made to increase domestic electricity consumption and extend transmission lines to industries through private sector-friendly regulations.