Nepal is preparing to shift to electricity from petroleum. Will it walk the talk?

From the next fiscal year 2023/24, t he government is going to give priority to shift to electricity from petroleum. Since some of the policies taken earlier could not increase electricity consumption sufficiently, it is planning for a new and refined policy.

The government plans to expand the use of electronic devices through the budget plan for the next fiscal year, which will be announced on May 29. It is also preparing to introduce concessional policies to increase the use of electric vehicles and household electrical appliances. Officials claim that the new budget will be used as an opportunity to make a shift to electricity from petroleum.