KATHMANDU, Feb 1: The Ministry of Energy, Water Resources, and Irrigation (MoEWRI), and GIZ Nepal, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Union (EU), have signed the second amendment to the implementation agreement for the Renewable Energy and Energy Efficiency Programme— Green Recovery and Empowerment with Energy in Nepal (REEEP-GREEN), a technical cooperation project between the Government of Nepal, the Federal Republic of Germany (BMZ) and the European Union (EU).
The signing ceremony was held in Lalitpur, Nepal, in the presence of Secretary for Energy, Water, Resources and Irrigation Ministry Suresh Acharya, Head of Cooperation at the Delegation of the European Union to Nepal, José Luis Viñuesa-Santamaría, Deputy Head of Mission at the German Embassy in Kathmandu, Benjamin Seidel, and other senior officials.
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According to a press release issued by the Embassy of Germany in Nepal, the event formalizes the technical cooperation agreement between the Governments of Nepal and Germany, originally signed on January 23. The amended agreement includes an additional funding of €6.0 million and a three-year extension of the project.
The amendments to the REEEP-GREEN implementation agreement are expected to significantly enhance the project’s impact, expediting Nepal’s transition towards clean, green and sustainable energy. Furthermore, the strengthened collaboration between Nepal, Germany, and the European Union is set to play a pivotal role in fostering sustainable economic growth and advancing clean energy solutions.
