.jpg)
KATHMANDU: Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, pledged to table the Electricity Bill in the parliament within a week.
The Bill deemed very important for the overall development of the energy sector of the country has been endorsed by the Legislation Committee of the Council of Ministers and has already been presented before the Council of Ministers, said Minister Basnet.
At a programme organised by the National Grid Company Ltd in Kathmandu, on Monday, Minister Basnet said the government is working on the energy sector to bring about tangible results.
Stating that the incumbent government has encouraged the usage of domestic consumption of electricity and development and expansion of transmission infrastructures, the energy minister shared that the government was going to formulate a 10-year-old action plan from 2023 to 2035 for integrated development of the energy sector.
According to him, the government had taken forward its activities with a roadmap — 'Energy for all and energy for prosperity. He urged the private sector to consider investment in the energy sector of Nepal without any fear or doubt.
Similarly, Dinesh Kumar Ghimire, Secretary at the Ministry of Energy, Water Resources and Irrigation, said that transmission lines were being built commercially so as to provide respite to the energy sector's entrepreneurs.
According to him, now the private sector can transmit the electricity produced by their hydropower projects through the transmission line after paying certain fees. He was confident that the promoters who have invested in the energy sector would benefit.
Likewise, Netra Gyawali, Executive Director of National Transmission Grid Company, said that his company has been working towards the development of transmission lines as an associate and complementary company.
On the occasion, Gyawali signed a memorandum of understanding (MoU) with promoters of various seven hydropower projects for the use of transmission lines.
