IPPAN, SHDAN flay Mahat's decision

KATHMANDU, Dec 3: Independent Power Producers Association, Nepal (IPPAN) and Small Hydropower Developers Association of Nepal (SHDAN) on Friday asked the Ministry of Energy (MoE)´s to backtrack on its decision to halt the process of granting electricity generation licenses.



Issuing a statement, IPPAN and SDHAN argued MoE´s decision was against the spirit of Electricity Act 2049 and Electricity Regulations 2050.[break]



“We have felt that the decision has largely discouraged private investors. We urge the ministry to withdraw its decision at the earliest and resume the license granting process,” reads the statement.



A panel led by Minister for Energy Prakash Sharan had stopped the licensing process on November 23 saying the process needed a revision.

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