Power
Nepal Aims for 30,000 MW of Hydropower by 2035
Industrial info is tracking 318 capital hydropower projects in Nepal, with an approximate capacity of 37,000 MW, worth US$69.86 billion
Released Tuesday, September 19, 2023
Researched by Industrial Info Resources (Sugar Land, Texas--According to Nepal's Minister for Energy, Water Resources, and Irrigation, the country has set an ambitious target of generating up to 30,000 megawatts (MW) of electricity by 2035. This comes in response to a growing demand for Nepal's hydropower in neighboring India and Bangladesh.
Currently, Nepal has around 5,000 MW of hydropower under construction. Moreover, in a noteworthy development, Nepal, India, and Bangladesh have reached a preliminary agreement for the supply of electricity from Nepal to Bangladesh through an Indian transmission line, highlighting the growing regional significance of Nepal's abundant energy resources.
The plan encompasses not only the development of new hydropower projects but also significant investments in transmission and distribution infrastructure and institutional reforms within the energy sector. Nepal's domestic electricity demand is projected to reach 15,000 MW within 12 years.
Industrial info is tracking 318 capital hydropower projects in Nepal, with an approximate capacity of 37,000 MW, worth US$69.86 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
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