KATHMANDU: As the country is facing power crisis despite immense potential of hydro-power, a Power Summit -2013 is going to be held in the capital on August 26-27 with support from the Ministry of Energy and the Investment Board.
The theme of the summit is ‘Hastening pace of hydropower development’ is going to be organized jointly by the Independent Power Producers´ Association, Nepal (IPPAN), PTC India Limited and Non-Resident Nepali Association ( NRNA).
Speaking at the program organized to inform about the Summit, Joint Secretary at the Energy Ministry Keshab Dhwoj Adhikari stressed the need of all-side support and cooperation for the development of energy sector. Joint Secretary with the Investment Board Mukunda Poudel said they are working with long term visions to address the problem of energy crisis.
Works of West Seti and Budhi Gandaki hydropower projects are taking a pace whereas around 50 percent works of the Upper Tamakoshi Project have been completed, he said.
IPPAN President Dr Subarnadas Shrestha and NRNA representative Tenzing Sherpa put their views at the program.
Representatives from Nepal, India, China, Norway, Korea, Russia, Czech Republic, Canada, the United States of America and New Zealand will be taking part in the summit which is expected to focus on discussions about the power projects of international consumption and internal investment, foreign investment in the sector of power, foreign market oriented projects, market of power energy and ways of market management, among others, IPPAN President Shrestha said.
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