CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Government Steps Up Investment to Boost Domestic Electricity Consumption

CEO Tab by CEO Tab
July 19, 2026
in Prime News
0
Government Steps Up Investment to Boost Domestic Electricity Consumption
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu: The government has accelerated policy reforms and infrastructure upgrades aimed at significantly increasing domestic electricity consumption, with a strong focus on expanding transmission and distribution networks and promoting greater electrification across the country.

You might also like

Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

According to Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha, the government’s policy agenda and the budget for the current fiscal year place high priority on strengthening power infrastructure to meet growing electricity demand and support Nepal’s transition toward a cleaner energy-based economy.

Rs 80 Billion Allocated for Power Infrastructure

The government has earmarked Rs 80 billion for the expansion and modernization of electricity infrastructure, including transmission lines, substations and distribution systems.

Minister Shrestha said the investment is intended to build the capacity required to accommodate rising electricity consumption driven by urbanization, industrial expansion and changing household energy needs.

“The lifestyle of people has changed. Industries and businesses are expanding, and the use of electrical appliances is increasing across the country. Electricity demand is growing rapidly,” Shrestha said.

He added that the ministry has instructed the Nepal Electricity Authority (NEA) to modernize aging transmission and distribution infrastructure, replace low-capacity transformers, and adopt advanced technologies to improve the efficiency and reliability of the national power system.

Promoting Electric Cooking and EV Adoption

The government is also prioritizing policies to reduce Nepal’s dependence on imported fossil fuels by encouraging the use of electricity for cooking and transportation.

Efforts are underway to gradually replace liquefied petroleum gas (LPG) with electric cooking appliances while expanding infrastructure to support the growing adoption of electric vehicles (EVs).

Officials believe greater domestic electricity consumption will improve energy security, reduce fuel imports and make better use of Nepal’s expanding hydropower generation.

Transmission Network Expansion Underway

The Nepal Electricity Authority said it is investing its own resources to strengthen the country’s transmission and distribution network.

The utility has launched work on 12 high-priority transmission line projects, all of which are targeted for completion during the current fiscal year.

Upon completion, Nepal’s transmission network operating at 66 kilovolts (kV) and above is expected to expand to 7,848 circuit kilometers by the end of the fiscal year.

Long-Term Consumption Target

Nepal’s annual per capita electricity consumption currently stands at approximately 460 kilowatt-hours (kWh)—well below the global average and significantly lower than many neighboring countries.

The government has set an ambitious target of increasing annual per capita electricity consumption to 1,500 kWh within the next decade, reflecting its broader strategy to electrify households, industries and transportation.

According to the NEA, Nepal’s current peak electricity demand has reached 2,319 megawatts (MW), with power plants operated by the authority, its subsidiaries and private developers currently generating electricity at full capacity.

Officials say continued investment in transmission and distribution infrastructure will be critical to ensuring reliable electricity supply, supporting future hydropower expansion and enabling Nepal to maximize the economic benefits of its growing renewable energy sector.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

by CEO Tab
November 6, 2026
0
Nepal to Resume Long-Stalled Power Purchase Agreements After Tihar

The Ministry of Energy, Water Resources and Irrigation is preparing to resume long-suspended power purchase agreements (PPAs) immediately after the Tihar holidays, prioritizing projects with government investment and...

Read more

Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

by CEO Tab
November 6, 2026
0
Nepal Estimates Up to $5 Billion Needed for Bhotekoshi-Trishuli Reconstruction

Finance Minister Dr Swarnim Wagle has estimated that Nepal will need $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. Addressing...

Read more

Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

by CEO Tab
November 6, 2026
0
Federal Government Arrears Rise 15.6% to Rs 10.68 Billion

The federal government’s arrears increased by 15.6 percent to Rs 10.68 billion in FY 2025/26, up from Rs 9.24 billion in the previous fiscal year, according to the...

Read more

Nepal Seeks Faster Hydropower Projects and Expanded Energy Cooperation with India

by CEO Tab
November 6, 2026
0
Nepal Seeks Faster Hydropower Projects and Expanded Energy Cooperation with India

Nepal has urged India to accelerate major hydropower projects, expand electricity exports and increase private-sector investment in the energy sector. Energy Minister Biraj Bhakta Shrestha raised the issues...

Read more

Nepal Stock Market Falls 12.95 Points as Trading Turnover Declines

by CEO Tab
November 5, 2026
0
Nepal Stock Market Falls 12.95 Points as Trading Turnover Declines

Nepal’s stock market fell 12.95 points on Thursday, with both the benchmark index and trading turnover declining. Total transactions amounted to Rs 4.72 billion, down from Rs 7...

Read more
Next Post
Parliamentary Finance Committee Begins Deliberations on Nepal Rastra Bank Amendment Bill

Parliamentary Finance Committee Begins Deliberations on Nepal Rastra Bank Amendment Bill

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.