Hydropower projects with less than one megawatt capacity can soon get survey licenses from local government instead from the Ministry of Energy.
However, to get the license, the projects must obtain a technical clearance from the Department of Electricity Development. This clearance will be needed until policies and criteria for electricity generation are established.
Presently, the survey licenses are issued by the Department under the Ministry of Energy at the central government. However, according to a letter from the Ministry of Federal Affairs and Local Development to the Department, local government have been authorized to issue the licenses.
Under the Local Level Governance Act, local governments have been given the authority over hydropower projects below one megawatt.
Fonepay Signs MOU with NMB Capital as IPO AdvisorHIGHLIGHTS Fonepay prepares to become the first fintech company in Nepal to go public. NMB…
OnePlus Pad to Launch in Nepal on May 29HIGHLIGHTS OnePlus Pad is set to launch in Nepal on May 29, 2023. It is…
Yamaha Ray ZR 125 Hybrid Launched in Nepal: Three New Variants!HIGHLIGHTS Yamaha Ray ZR 125 Hybrid price in Nepal starts at Rs. 2.79 Lakhs to…