September 19, Kathmandu – The government has initiated the process of revising the Power Purchase Agreements (PPAs). In a meeting held on Thursday under the chairmanship of Minister for Energy, Water Resources and Irrigation, Biraj Bhakta Shrestha, the Board of Directors of Nepal Electricity Authority (NEA) resolved to form a subcommittee to establish the necessary criteria for opening the PPAs.
The subcommittee, chaired by NEA board member Anshukiran Shahi, is tasked with preparing the criteria within seven days and submitting them to the board. The subcommittee includes the Deputy Director General of the Department of Electricity Development, CDE Shaligram Bhandari from the Ministry of Energy, expert member Riwaj Sharma, while the Director of the Trade Branch serves as the member secretary.
The decision of the Board of Directors states, “In accordance with the Fiscal Act, 2026 (2083 BS), and after reviewing existing PPAs with energy producers holding production permits, as well as recommendations from the committee formed by the Ministry of Energy, Water Resources, and Irrigation, a subcommittee chaired by board member Anshukiran Shahi has been formed to prepare the criteria for Power Purchase Agreements (PPAs) within seven days.”
