Energy

MPs, experts slam budget’s ‘Take and Pay’ PPA policy as detrimental to Nepal’s hydel sector

KATHMANDU: Lawmakers and energy experts have labeled the government’s budget provision for a “Take and Pay” Power Purchase Agreement (PPA) model for run-of-the-river hydropower projects as “unfortunate” and detrimental. At a program organized by the Nepal Infrastructure Journalists Society on Monday, they urged immediate amendments to protect the energy...

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