Dr Abdullah also called on Mr Khil Raj Regmi, Chairman of the Council of Ministers of the Interim Election Government. During the meeting, Dr. Abdullah briefed him on the energy situation in India and the rapid growth of the renewable energy sector in India. He spoke of India’s plans to add significant amounts of renewable energy to its energy mix in the next 5 years. He also highlighted India’s conducive and investor friendly policy framework for promoting renewable energy in a big way. Dr. Abdullah suggested that Nepal had great potential for enhancing its use of renewable energy resources, particularly, hydro, solar and biomass and offered to provide all possible assistance for the purpose.
Earlier, the Minister inaugurated the India INVESTRADE in Nepal-an exposition and buyer seller meet on the electrical equipment and energy sector. Speaking on the occasion, Dr Abdullah made a strong pitch for cooperation between the two countries to develop Nepal’s hydropower resources. Terming it a ‘win-win proposal’, he urged for a meaningful cooperation between the countries to ease the power situation. He also urged the Indian exhibitors who were part of INVESTRADE to work closely with their Nepali counterparts to help develop Nepal’s vast and untapped energy potential.