Nepal Energy Investors Forum

Prime Minister Dr Baburam Bhattarai opened the Nepal Energy Investors Forum on 13 October organised jointly by the Government of Nepal and Asian Development Bank (ADB). The Forum was organised for promoting private sector investment in hydropower development in Nepal. Senior officials from the Government of Nepal, along with business leaders, bankers, financiers, power developers and traders, development partners and civil society members attended the two-days-long forum to discuss investment in the hydropower sector in Nepal.

Addressing the Forum, Dr Bhattarai stressed the importance of private sector investment for the development of Nepal’s hydropower sector and said, “I would like to assure all investing and financing communities, domestic and foreign, that our policies are naturally geared towards being as investment friendly as possible.” The Prime Minister invited every potential developer to invest freely in hydropower projects in Nepal without any fear of expropriation. Finance Minister Barsha Man Pun, Energy Minister Posta Bahadur Bogati and Vice President of ADB Xiaoyu Zhao also addressed the Forum. The two-day event facilitated discussions on risks associated with undertaking hydropower projects in Nepal and to explore innovative financing mechanisms.