Private sector role important in expansion of alternative energy: Minister Basnet

Published On: April 21, 2023 03:00 PM NPT By: Republica  | @RepublicaNepal


KATHMANDU, April 21: Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet has said that the private sector has an important role in expanding access to alternative energy through renewable energy technology in the villages not connected to the national grid.

In a meeting with a team led by Gunaraj Dhakal, president of Renewable Energy Confederation of Nepal, here today, Minister Basnet articulated the government's willingness to collaborate with the private sector to develop and promote renewable energy technology.

Minister Basnet expressed his happiness over the Confederation inking an agreement with the Solar Energy Development Corporation in India for exchange of experience and cooperation thereby benefiting the both parties.

Similarly, the visiting team of the Confederation urged the government to prioritize renewable energy technology for small and medium scale enterprises as well as the agriculture sector.

They drew the attention of the Minister towards the development and utilization of renewable energy technology by mobilizing skills and capital available in the country to uplift the rural livelihoods socially and economically.

Furthermore, the team also highlighted the need for the federal government to formulate programs that were friendly to the private sector and highly beneficial to the consumers.

They also appealed to the minister to prioritize the concept of mixed energy.

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