Nepal | December 09, 2019

Two-day Power Summit to kick off today

Himalayan News Service

Kathmandu, November 20

With the theme of ‘Powering the Asian Century’, the seventh edition of Power Summit is scheduled to kick off here from Thursday.

Being organised by Independent Power Producers’ Association, Nepal (IPPAN), the two-day event will take stock of the present situation and look ahead to future possibilities of export and regional integration and connectivity of power, as per the organisers.

Shailendra Guragain, president of IPPAN, informed that more than eight agreements will be signed with different governments and private firms during the summit.

More than 750 participants are expected to take part in the event, including from Bangladesh, Bhutan, China, India, Norway, South Korea, Canada, Netherlands, the United Kingdom, United States, and Japan.

As per IPPAN, this year the summit will focus on cross-border electricity trade, 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.

Minister of Water Resources of India Gajendra Singh Shekhawat and Minister of State for Power, Energy and Mineral Resources of Bangladesh Nasrul Hamid will be the key speakers at 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 noted speakers will be from Power Trade Corporation India, Bangladesh Power Development Board, among others.

A version of this article appears in print on November 21, 2019 of The Himalayan Times.

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