Prime Minister Balen Shah has prioritized the completion of several stalled hydropower projects to achieve energy self-sufficiency within the next three years. The administration's new energy policy focuses on domestic consumption and the export of surplus electricity to neighboring countries. Additionally, the government is incentivizing the use of electric vehicles and solar energy through subsidies and tax breaks. This green energy transition is a key part of the 100-point reform agenda, aiming to reduce the country's trade deficit caused by petroleum imports. The Prime Minister emphasized that harnessing Nepal's water resources is vital for sustainable economic development and environmental conservation, positioning the nation as a leader in clean energy.
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Prime Minister Balen Shah has prioritized the completion...
Prime Minister Balen Shah has prioritized the completion of several stalled hydropower projects to achieve energy self-sufficiency within the next three years. The administration's new energy policy focuses on domestic consumption and the export of surplus electricity to neighboring countries. Additionally, the government is incentivizing the use of electric vehicles and solar energy through subsidies and tax breaks. This green energy transition is a key part of the 100-point reform agenda, aiming to reduce the country's trade deficit caused by petroleum imports. The Prime Minister emphasized that harnessing Nepal's water resources is vital for sustainable economic development and environmental conservation,...