Renewable energy sources are the foundations of the global energy mix, as shown by the international programs and agreements that promote them. Among these, hydroelectric power stands out because, in addition of being a sustainable source, it is widely available and offers significant investment opportunities.
The global demand for cleaner and renewable energy use has never been stronger than it is now. With the signing of the Paris climate accord by the United Nations of which Nepal is a signatory, drastic measures are taken to ensure energy security for the foreseeable future.That fact that energy from the burning of fossil fuels has proven to be unsustainable and highly detrimental to our environment has, therefore, become necessary for the nations of the world to invest in renewable energy sources such as solar, wind, hydro power etc.
Nepal is one of the richest countries regarding inland water resources. Nepal has around 6,000 rivers and rivulets with an annual runoff of about 225 billion cubic meters of flowing water. The topography setup is so that this country has immense hydro power generation potential.
As an investor, the opportunity presented by the Government of Nepal on renewable energy investment is too good to ignore. Hydro power can become a primary energy source,. The government has taken measures to ensure a favorable environment for investment in the energy sector of the country.