Energy Minister Jha urges investment in big hydro projects
Energy Minister Umakanta Jha has urged the investors to make investment in the big hydropower sector as it is an appropriate sector to make investment right now.
Speaking during the two-day International Energy Conference organised by Hydroelectricity Investment and Development Company Limited (HIDC) in the capital that kicked off on Wednesday, Jha said as the big hydropower projects are vital to resolve the power outage, the government has been giving special priority to these projects.
On the occasion, the hydropower experts stressed on the need of attracting foreign investment in the big projects.
Similarly, Asian Development Bank, one of the major donor agencies, said Nepal should focus on the development of hydropower for the development of the country.
During the conference, HIDC also acquainted the foreign investors about the 10 large projects and invited them for investment. nepalnews.com