Petrol consumption falls 10 pc, diesel 9.9 pc as electricity use rises: Economic Survey

KATHMANDU: Consumption of petroleum products in Nepal has fallen as electricity use rises, according to the Economic Survey 2082/83.

The survey reports petrol consumption dropped by 10% and diesel by 9.9% as of mid‑Falgun in the current fiscal year compared with the same period last year. Higher electricity use has contributed to a decline in petroleum imports.

Urban households are increasingly using electric stoves, and demand for cooking gas is gradually falling, the survey adds. Nationwide access to electricity has reached about 99.1% of the population, though ensuring quality and reliable supply in areas with access remains a challenge.

As of last Falgun, the country’s total installed power capacity stood at 4,105 megawatts, with hydropower accounting for 3,798 megawatts. In the current fiscal year, Nepal exported 2,918 gigawatt hours of electricity to India.

On water services, the Economic Survey notes access to basic drinking water has reached 97% of the population, while access to safe drinking water is limited to 29%, highlighting gaps in water quality despite broad coverage.

By RSS