Kathmandu. The high-level committee has submitted the report of the licenses issued by the Department of Electricity Development to Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha. <\/p>\n
The committee formed to review the current status, progress and effectiveness of the licenses for hydropower projects submitted its report on Tuesday. <\/p>\n
Receiving the report, Minister Shrestha thanked the committee members for fulfilling their responsibilities in a serious manner and said that the suggestions included in the report would be implemented immediately along with legal and technical evaluation. <\/p>\n
The committee has submitted its report with suggestions on the need of comprehensive policy, legal and structural reforms in the license system. <\/p>\n
A meeting was held on April 2 under the coordination of Joint Secretary Mohan Shakya at the Ministry of Energy, Water Resources and Irrigation to review the status of the licenses issued by the Department of Electricity Development as per point 74 (b) of the 100-point Government Reform Action Plan of the Council of Ministers. The five-member high-level committee was formed with Diwas Bahadur Basnyat, Nikunj Bhandari, Salikram Bhandari and Jeevan Rana Magar as members. <\/p>\n
The committee has submitted a report to the Ministry with suggestions for improvement by identifying policy, technical, financial and legal weaknesses in the process of issuing licenses after carrying out a detailed study on the status and progress of the licenses issued so far. <\/p>\n
The committee has recommended to initiate the process to scrap the license of the promoters who do not continue the construction work for a long time even after the completion of the power purchase agreement (PPA) as per Section 8 of the Electricity Act, 2049. The report has suggested various policy reforms to make the license distribution system more transparent, competitive and in line with national interest. <\/p>\n
The committee has pointed out the need of maintaining uniformity through necessary legal amendments by reviewing the contradictory and ambiguous provisions in the Electricity Act-2049, Electricity Regulations-2050, Hydropower Development Policy-2058 BS and directives related to licensing. <\/p>\n
Likewise, the committee has suggested removing duplication of jurisdiction among the Investment Board, Industry Ministry and Ministry of Energy regarding the license and investment approval of electricity projects.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The high-level committee has submitted the report of the licenses issued by the Department of Electricity Development to Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha. The committee formed to review the current status, progress and effectiveness of the licenses for hydropower projects submitted its report on Tuesday. Receiving the report, MinisterContinue reading “Energy Minister Shrestha submits approval report for hydropower project”<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":90799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1391],"tags":[],"class_list":["post-90803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-en"],"acf":[],"publishedDateNp":"\u0968\u096d \u091c\u0947\u0937\u094d\u0920 \u0968\u0966\u096e\u0969, \u092c\u0941\u0927\u092c\u093e\u0930 \u0967\u0966:\u0967\u096f","_links":{"self":[{"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/posts\/90803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/comments?post=90803"}],"version-history":[{"count":1,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/posts\/90803\/revisions"}],"predecessor-version":[{"id":90804,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/posts\/90803\/revisions\/90804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/media\/90799"}],"wp:attachment":[{"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/media?parent=90803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/categories?post=90803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kalopati.com\/kp_api\/wp\/v2\/tags?post=90803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}