Funding Agency: Asian Development Bank
Client: Asian Development Bank
Date: Augut 2015 - July 2017
The assignment has been conceptualized on the backdrop of Nepal's need to develop a legislative framework that supports deploying sustainable renewable/rural energy projects that attract private investments in the country. Additionally, with recent changes in the country's federal structure, the renewable development framework must also be aligned with the laid powers/obligations of the proposed federal structure.
Nepal currently has no capacity of large/utility scale renewable energy projects. This is due to a lack of regulatory/tariff framework for renewable generation. Private players are not attracted towards the Nepalese market because of a lack of clarity on returns (linked to tariff). Thus, renewable generation tariff norms must be designed (to devise feed-in-tariff) and adhered.
Since a majority of the 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 the 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:
