In Progress Energy Commitments 2026

Generate 30,000 MW Electricity in 10 Years

Achieve 30,000 MW electricity generation and become energy exporter. Current installed capacity is ~3,422 MW (3,256 MW hydro, 107 MW solar, 53 MW thermal). 259 projects totaling 10,692 MW under construction. FY 2025/26 target: add 942 MW to reach 4,800 MW. Government vision: 28,500 MW by 2035 with 15,000 MW for export.

15,000 MW Installed Electricity Capacity

Current installed: ~3,422 MW (Mar 2025). Of 43,000 MW economically viable hydro potential, only 7.5% realized. 175 operational hydropower plants = 3,389 MW licensed. FY 2025/26 target: add 942 MW to reach 4,800 MW. 259 projects (10,692 MW) under construction. Key projects: Tanahu 140 MW (completion 2026), Upper Trishuli-1 216 MW (Dec 2026). 731 km national transmission lines planned. System peak demand: 2,901 MW. At end of FY 2024/25: 3,591 MW installed. 15,000 MW target requires 4.4x current capacity.

Energy Export Diplomacy (India, Bangladesh)

MAJOR PROGRESS. India: exporting avg 1,000 MW daily. India approved additional 200 MW purchase (Aug-Oct 2025), total export capacity 1,010.9 MW. Rs 15B earned FY 2025/26. India long-term goal: import 10,000 MW from Nepal. Power Grid Corp-NEA cross-border transmission agreements signed Apr 2025. Bangladesh: Tripartite PSA signed Oct 2024 (NEA-BPDB-NTPC). 40 MW exported Jun-Nov 2025 via Indian grid at $0.064/kWh. Expanding to 60 MW from Jun 2026 (7th JSC agreement). 5-year deal. Historic: first time Nepal exports power to third country.

Restructure Electricity Tariffs

MAJOR REFORM: Electricity Regulatory Commission issued Open Access Directive Jan 2026 — allows eligible entities (5MW+) to use transmission/distribution networks on non-discriminatory basis, enabling direct producer-to-consumer sales and competitive market. NEA considering 10-15% tariff hike (pending ERC approval). Industrial tariff dispute forced 25 large industries to shut (15,000 jobs at risk). NEA collecting Rs 5.95B premium tariff dues from 35 companies. Slab-based residential rates: Rs 9.50/unit for 15-100 units. Open Access is most important power law reform in Nepal history.