Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Nepal’s hydropower sector is facing a severe crisis following the introduction of the ‘Take and Pay’ policy in the 2025/26 budget, putting over 17,000 megawatts (MW) of projects and billions in private investments at risk. The policy, which applies to power purchase agreements (PPAs) for run-of-river (RoR) hydropower...