Summit to galvanise Nepal’s energy sector

January 12, 2018

The Kathmandu Post, 12 Jan 2018

Energy Development Council (EDC), the umbrella organisation for the entire energy sector in Nepal, is organising the second edition of Nepal Power Investment Summit from 27 to 29 January in Kathmandu. The three day event, according to organisers will feature conferences, international training programmes by Fortune 500 companies along with an energy mart.

The organisers are looking to create a platform for one-step business by matching industry players to share knowledge and expand business in the energy sector. Major participants of the event will be high level delegates from SAARC region, ministers, government officials, ambassadors to Nepal, bankers, financers and developers of energy projects.

“This is the best platform to gather all the key decision makers of the energy sector to make deals on ‘shovel ready’ power projects in the pipeline and to explore cooperation with potential partners under one roof,” reads the press statement issued by the organiser. The summit is billed as an event that is crucial in informing and updating various stakeholders about the current policies and scenario of Nepal’s energy sector.

The organiser has claimed that participants of the summit will have access to investors willing to provide debt financing ranging from $5 million to $20 billion for various power projects that include hydro, solar and wind energy. Similarly, companies with total capacity of $3 billion equity financing are also participating in the event, according to the organiser.

“The summit will be an ideal platform for various investors, contractors and financers from around the world and Nepal to make deals among themselves,” reads the press statement.

The EDC is also organising training on various key topics such as engineering, procurement, construction and financing (EPCF) model of developing power project, hydro equipment and renewable energy. These training programmes will be conducted by world renowned energy associations and Fortune 500 companies The summit will also include high profile speakers from SAARC, BIMSTEC, Asean along with nationally and internationally acclaimed energy and business personalities and diplomats from the neighboring countries.

Likewise, the event will also see book launches such as ‘How to Develop a Power Project in Nepal -A Step by Step Guide’, ‘Inventory of Rivers in Nepal’ and ‘Investment Guide to Investing in Nepal’.