IPPAN to host Power Summit 2013
KATHMANDU, AUG 08 -
Independent Power Producers’ Association, Nepal (IPPAN) will host Power Summit 2013 on August 26 and 27 with a motto to catalyse the power development sector in the country, the association announced on Wednesday.
The two-day summit with theme “Hastening the Pace of Hydropower Development” will review Nepal’s achievement in harnessing its hydropower potential since 2006, the weaknesses and measures to be adopted to accelerate the pace of hydropower development in the country.
According to IPPAN, the summit will cover all the major areas that are prerequisite for the complete development of the country’s hydropower sector, including political commitment, legal and regulatory framework, realistic electricity demand forecast, electricity pricing, project financing infrastructure, construction of transmission lines and managing local expectations.
Separate workshops will be conducted on four different thematic issues—projects with local investments and for domestic consumption, projects for domestic market with FDI components, export oriented projects with foreign direct investment (FDI) and Power market mechanism.
“The outcome of the summit will help us build a status report, a clear picture of the state of affairs and establish a plan of action with designated roles and responsibilities,” IPPAN President Subarna Das Shrestha to a press conference on Wednesday.
The event, being jointly hosted by PTC India Limited (PTC) and Non-Resident Nepali Association (NRNA), is also expected to bring together stakeholders from Brazil, China, Czech Republic, France, India, Korea, Norway, USA, among others for focused discussions on hydropower development in Nepal. Dignitaries of the Government of Nepal, India, China, Norway and international agencies will be attending the event.
“The Power Summit 2013 is dedicated to creating an environment for the successful completion of all the hydel projects undertaken,” IPPAN President Shrestha added. “We need to dedicate our efforts to raising the current energy consumption from a mere 85 KWh per capita to 500 KWh in the next five year.”
Source: The Kathmandu Post
