Funding Agency: Asian Development Bank
Client: Asian Development Bank
Date: August 2015 – July 2017
The assignment has been conceptualized on the backdrop that Nepal is in pressing need of developing a legislative framework that supports deployment of sustainable renewable/rural energy projects attracting private investments in the country. Additionally, with recent changes in the federal structure of the country, the renewable development framework must also be required to be aligned with laid powers/obligations of the proposed federal structure.
Nepal currently has no capacity of large/utility scale renewable energy projects. This is due to lack of regulatory/tariff framework for renewable generation. Private players are not attracted towards the Nepalese market because of lack of clarity on returns (linked to tariff). Thus, it is essential that renewable generation tariff norms are designed (to devise feed-in-tariff) and adhered.
Since a majority of population doesn’t have access to grid electricity, mini-grids & decentralized applications supplemented by storage is of great importance to the country. Hence, it is important to review the current status of storage industry and propose recommendations on adoption of storage technologies in the country through legislation or regulations.
Overall Services provided:
The scope of services will include, but not limited to, carrying out the following activities:
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