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Cabinet officials

Innovative Cooperation Crucial for Energy Security, Says Nepalese Minister

Strategic Insights

— 1 min read

Nepalese Minister for Energy, Water Resources and Irrigation Dipak Khadka emphasized the importance of innovative cooperation for energy security during the inaugural session of the 5th Energy Ministerial Meeting of the Shanghai Cooperation Organisation (SCO) in Ningbo City, China. The meeting, organized under the slogan 'Integrate Innovation for Energy Future', brought together energy ministers, high-level representatives, and technical experts from SCO member states. Minister Khadka stressed the need to strengthen energy development, grid connectivity, innovation, and regional cooperation among SCO member states, highlighting that energy is now a crucial aspect of sustainable development and shared prosperity.

Key Takeaways:

  • Minister Dipak Khadka emphasized the significance of innovative cooperation for energy security during the 5th Energy Ministerial Meeting of the SCO.
  • Nepal has set a target of generating 28,500 MW of electricity by 2035, with 15,000 MW to be exported.
  • Over 3,500 MW of electricity has been generated in Nepal to date, and the government aims to double this amount in the near future.
  • Electricity trade with India has begun, and electricity has been exported to Bangladesh for the first time using India's grid.
  • Minister Khadka stressed the importance of inclusive, sustainable, and cooperative energy sector practices, with Nepal leading this journey as a dialogue partner of the SCO.
  • The meeting aims to set a roadmap for regional energy cooperation, technology, infrastructure, and trade.

Statistics:

  • Nepal has set a target of generating 28,500 MW of electricity by 2035.
  • 15,000 MW of electricity is planned to be exported by 2035.
  • Over 3,500 MW of electricity has been generated in Nepal to date.
  • Nepal aims to double electricity generation in the near future.
  • Electricity trade with India has resumed, with exports to Bangladesh using India's grid underway.

Sources:

  • A press statement issued by Minister Khadka's secretariat
  • The Shanghai Cooperation Organisation (SCO)

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