Tuesday, June 11, 2019

Government urges JICA to further invest in energy sector

The government has urged the Japan International Cooperation Agency (JICA) to increase investment in Nepal’s energy sector.
During the meeting with director general of the South Asia Department JICA Hara Shohei today minister for Energy, Water Resources and irrigation Barshaman Pun urged JICA for yet another investment as the Tanahun Seti hydropower project has reached to its construction phase. JICA has invested in 140-MW Tanahun Seti hydel project.
Saying that the government has set a target to generate 15,000 MW power in next 10 years Pun, on the occasion, also urged JICA to increase investment. “JICA could encourage private sectors of Japan for the investment in energy sector of Nepal,” he added.
Similarly under secretary at the Energy Ministry Sagar Gautam on the occasion appreciated JICA’s support in other different projects. Nepal has already established bilateral mechanism with China, India, Bangladesh and Austria for energy cooperation, he said, adding that the ministry is planning to establish such mechanism with Japan.

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