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‘Take and Pay’ policy threatens 17,000 MW hydropower projects, Finance Ministry steps in to address crisis

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...

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