Energy

Energy entrepreneurs protest Nepal’s ‘Take and Pay’ Policy, demand reversal

KATHMANDU: Energy entrepreneurs in Nepal have escalated their opposition to the government’s ‘Take and Pay’ (T&P) policy for power purchase agreements (PPAs) introduced in the 2025/26 budget, launching a social media campaign under the hashtag #BlackBanner to demand its immediate withdrawal. The policy, applicable to run-of-the-river (ROR) hydropower projects...

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