Nepal recently held an investment summit in Kathmandu with the aim of attracting foreign investment, particularly in the development of hydropower projects to increase electricity production for export to neighboring countries. The two-day summit saw the participation of various foreign investors, with Nepali officials emphasizing the need for investment in hydropower projects, tourism, and industry.
Nepal, known for its eight tallest mountain peaks and abundant rivers, holds significant hydropower potential. Despite this, only a few projects have been implemented in the country. Prime Minister Pushpa Kamal Dahal highlighted that while Nepal has harnessed 3,200 megawatts of hydropower, there are plans for large-scale projects totaling 5,568 megawatts currently under construction or in the pipeline.
