Himalayan Hydro Expo in April, expect to enrich more investment

KATHMANDU: The third edition of the Himalayan Hydro Expo 2022 is scheduled for April at Bhrikutimandap in the capital. The expo is going to be held from April 1 to 3 with a slogan of ‘marketing Nepal’s hydropower’.

The Independent Power Producers’ Association of Nepal (IPPAN) and Expo and Investment Management Services are jointly organizing the three-day expo to promote hydropower in Nepal.

“The expo is being organized with the objective of informing about the latest technologies of international standards used in developing hydropower, gathering the stakeholders of hydro under one roof and discussing hydro development with different countries,” said IPPAN President Krishna Prasad Acharya.

Organizing a press meet on Wednesday, the organizers said the expo would be organized in coordination with the Indian Embassy in Nepal while the British Embassy and the Canadian High Commission in Kathmandu are country partners.

“Since the expo is organized in coordination with the Indian Embassy, ​​the mutual cooperation between the energy related individuals and organizations of Nepal and India will be facilitated,” said Acharya.

He said that the expo would also highlight the market expansion of hydropower as well as opportunities for cooperation with the Indian investment.

The organizers expect the Himalayan Hydro Expo 2022 will give a different dimension to the energy sector with the objective of accelerating the current state of energy production along with unique activities in the hydropower and energy sectors in Nepal and supporting the government’s target of generating 15,000 MW of electricity in 10 years.

There will be more than 100 stalls in the three-day expo. Hydropower promoters, producers, equipment suppliers, turbine producers, investors, banks, insurance and various stalls related to new technologies and construction in hydropower will showcase their products and technologies in the expo.

According to the organizers, about 50 per cent of them will be foreign stalls. A rally of electric vehicles would be organized from Kathmandu to Pharping, where the first hydropower plant in the country developed in 1911 during the Rana regime.

Stating that special emphasis should be laid on the use of electric vehicles as well as electric stoves, he said that use of electric appliances would significantly contribute to increasing energy consumption.

It is believed that the expo will be a source of information for all those interested in the sector, including hydropower investors, producers and engineers, and will contribute to the energy development of the nation. More than 50,000 people are expected to visit the expo.