Nepal’s power sector fears it will lose ‘competitive advantage’ due to India’s new policy on hydropower projects
Nepal’s power sector fears that they will lose the competitive advantage in the Indian market following New Delhi’s recent decision to waive off the Inter-State Transmission System (ISTS) charges to India’s hydropower projects, a move they say will severely hit their exports. On December 2, India’s Power Ministry announced a waiver of ISTS charges on wheeling electricity for 18 years for new hydropower projects.
