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HDP objectives, strategies and institutions

Short answer

The HDP 2001 objectives: generate low-cost, reliable, affordable electricity; link it with economic activities; develop export; protect environment. Strategies: private investment via BOOT, tax benefits; government as regulator; NEA power purchase; domestic demand priority; rural electrification. Institutions: MoEWRI, WECS, DoED, NEA, ERC, IBN, AEPC, DHM, IPPs.

Discuss the objectives and the strategies of the Hydropower Development Policy 2001. List out the various hydropower development institutions in Nepal.

Objectives of HDP 2001

  • Generate electricity at low cost from water resources.
  • Supply reliable and affordable power throughout the country, including rural areas.
  • Link electricity with economic activities for national growth.
  • Develop hydropower as an export product.
  • Protect the environment while developing hydropower.

Strategies

  • Promote private sector investment through a simple legal system, BOOT and tax benefits.
  • Government to act as policy maker and regulator; NEA to buy power and run the grid.
  • Meet domestic demand first and plan export with long-term agreements.
  • Promote rural electrification and micro-hydro.
  • Follow environmental rules and share benefits with local people.

Institutions

MoEWRI, Water and Energy Commission Secretariat (WECS), Department of Electricity Development (DoED), Nepal Electricity Authority (NEA), Electricity Regulatory Commission (ERC), Investment Board Nepal (IBN), Alternative Energy Promotion Centre (AEPC), Department of Hydrology and Meteorology, and private developers (IPPs).

✓ Answer checked by Claude Opus 5.5 (high effort)

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