Government Prepares to Restructure Nepal Electricity Authority, Separate Production and Transmission Lines, and Grant Autonomy to Electricity Regulatory Commission

Kathmandu. The government is preparing to restructure the Nepal Electricity Authority by separating production and transmission lines and to make the Electricity Regulatory Commission autonomous. The Ministry of Energy, Water Resources and Irrigation has prepared to amend the law to separate production, transmission, and distribution of the Electricity Authority. Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha gave this information on Thursday during a meeting with journalists covering the energy sector at the ministry. Minister Shrestha stated that the restructuring (unbundling) of the Nepal Electricity Authority is being prepared to break the monopoly in the energy sector. He clarified...