Wednesday, March 21, 2012

Nepal has to increase investors in Hydro-power sector.

In current situation Nepal has massive loadshedding problem which needs investments in high range of investors to the Hydro power sector to produce electricity because which is directly affectings development of nation.So, now the crucial factor for the construction of Hydro projects is the big investment required, which Nepal is not able to mobilies with the private sector hesitating to venturein the power sector because of unstable politics and vague politicies regarding it. It obviously suggests that foreign investment has to flow in the sector to tap the huge potential that lies to be tapped. Herein it would be relevant to point out that in a century since hydro-power was introduced in Nepal the country has not been able to generate even 1000MW of electricity. This speaks of the apathetic attitude as regards the utilisation of the vast water resources for the generation of power in Nepal.
           Nepal has to invite foreign investors for making their valuable investments in the hydro power sector. For this, both India and China are potential investors. They are keenly interested in investing in the sector which would first of all benefit Nepal. At the moment, in Nepal main cause is having through the unstable politics situation which is effecting in every field and sector all peoples comes on protesting in even small matter that is not good for country. If any concerning the local people and the environtment impact have to be taken into account, but protests and blockades for their sake cannot be the justifiable means. It is not only frustrating to the investors but also the people and the country which has to do without the additional power being generated within the stipulated time.

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