Nepal govt to buy domestically produced solar power at Rs 7.30 per unit


Kathmandu, December 19

The Nepal government says it will buy domestically produced solar power at Rs 7.30 per unit.

It has already decided that Nepal Electricity Authority purchase the solar power from individual households and connect it to the national grid. Now, the Ministry of Energy has finalised a working procedure to facilitate the purchase.

According to the document, individuals do not need any approval from the government to produce solar power from 500 watts to 10 kilowatts for the domestic use.

Producers of 10 to 99 kilowatt powers have been categorised as institutional producers and those producing above that as commercial producers. Institutional and commercial producers have to obtain a licence from the Electricity Development Department. They have to begin power generation within two years of obtaining the licence.

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