Government Opens Door for Private Sector in Electricity Trading

Kathmandu. The government has opened the way for the private sector for electricity trading for the first time. Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha issued a letter of intent (LOI) a few days ago to provide in-principle approval to the private sector for preparing for cross-border electricity trading, paving the way for this.

Although the private sector has been given the LOI to open the way for cross-border electricity trading, the legal path to allow trading is yet to be opened. Not only this, the private sector has not yet entered the transmission line for electricity trading. The process for this is also pending.