Govt to avoid indiscriminate power purchase agreements: Minister Shrestha

Kathmandu, Oct 7: The government will not enter into power purchase agreements (PPAs) indiscriminately, Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha has said, warning that signing PPAs without proper planning could create an economic crisis.

In an interview with News Agency Nepal (NAN), Minister Shrestha said it would be financially risky for the state to continue signing PPAs without ensuring the infrastructure and market required to consume the electricity that will be generated.