A study has shown that the country would require 50,000 Mega Watt (MW) electricity by 2040. 

 

The study carried out by the Water and Energy Commission said the calculation of the electricity demand is based on the rise of electricity demand by 15 per cent every year. 

 

During a press conference organised at the Ministry of Energy on Monday, Minister for Energy Janardan Sharma said the country's demand for electricity is 1,721 MW this year. 

 

Sharing the information about the study, Minister Sharma further said by 2020, the demand for electricity in the country would rise to 6,814 MW. 

 

The study made the projection based on 7.2 economic growth rate the country must achieve in order to graduate to the status of a developing country from the least developed country. 

 

It has stressed on the need to explore other fronts for energy in addition to hydropower to increase the national economy. 

 

The data brought forth by the Commission at a time when the country is falling short of authentic data on the demand of energy is expected to carry meaning. 

 

Meanwhile, the Independent Energy Producers' Association (IPAN), has demanded that the government implement the 19-point concept paper on elimination of energy crisis and electricity development decade. RSS