IPAN terms PM’s India visit as historic

Kathmandu / June 5: The Independent Power Producers’ Association, Nepal (IPPAN) has welcomed Prime Minister Pushpa Kamal Dahal’s India visit stating that the visit was historical and focused on long-lasting national interest.

Organizing a news conference here today, the IPPAN termed the PM visit successful for the long term energy development with lasting importance. Exporting 10,000 megawatt of power in 10 years to India is a welcome step.

Chairperson of IPPAN Krishna Prasad Acharya said, “PM Prachanda’s Indian counterpart Narendra Modi has also raised this issue with equal importance during a joint press conference during the PM’s India visit.”

The IPPAN has also expressed its pleasure for announcing to take the private sector on board on energy trade through the upcoming fiscal year’s budget and policies and programmes.

The IPPAN has concluded that route has been clear for major reforms and improvement in the energy sector as the government has given license for the developers and the international market of the power is also guaranteed.

Acharya stated that now the government should immediately give approval for power purchase since the foundation for power trade has been built. “Historical agreement has been signed during Prime Minister Prchanda’s India visit. Now, the government and its agencies should work to implement the agreement,” Acharya added.

The IPPAN has thanked the PM for focusing the visit more on economic diplomacy and making crucial efforts for energy trade. RSS