IPPAN’s power summit to be held next month

Kathmandu, October 23

With the theme of ‘Powering the Asian Century’, Independent Power Producers’ Association, Nepal (IPPAN) is gearing up to host the seventh edition of ‘Power Summit 2019’ in the capital on November 21 and 22.

IPPAN has said the summit will take stock of the present situation and look ahead to future possibilities of export and regional integration and connectivity of power.

Shailendra Guragain, president of IPPAN, informed that the summit is in the final stage of preparation and is receiving overwhelming response from local and international participants.

He informed that the association will be signing 18 agreements with different government and private firms during the summit.

This summit is being organised under the patronage of the Ministry of Energy, Water Resources and Irrigation and Nepal Electricity Authority is an associate partner for the event.

He further said that as neighbouring countries are key to regional energy connectivity and export, the summit is being organised in association with the Embassy of India, Kathmandu and Embassy of Bangladesh, Kathmandu. More than 750 participants are expected to take part in the event including from China, Bhutan, Norway, Korea, Canada, Netherland, the United Kingdom, United States, and Japan.

As per IPPAN, this year summit will focus on cross-border electricity trading, energy markets, regional electricity market regulation, financing, inclusive and sustainable development of power projects, governing and facilitating energy projects, attracting investments, and will also feature project showcase to highlight current activities in the sector within and outside the nation.

It has said that Minister of Water Resources of India Gajendra Singh Shekhawat, Minister of State for Power, Energy and Mineral Resources of Bangladesh Nasrul Hamid will also be participating in the summit.

Moreover, there will be speakers from Nepal, India, Bangladesh, China and Norway, including chief investment officer from Netherlands Development Finance Company (FMO), director general of Asian Infrastructure Investment Bank, director of Indian Energy Exchange. Other notable speakers will be from Power Trade Corporation India, Bangladesh Power Development Board, among others.