Independent Power Producers Association Nepal is organising the eighth edition of Power Summit 2023 in Kathmandu on March 28-29 under the theme ‘ Broadening Green Energy Markets’.

The event will bring together 800 participants from all across the power sector including 300 international delegates from more than 30 countries, the IPPAN said in a press statement.

According to the IPPAN, Nepali government agencies including the Ministry of Energy, Water Resources and Irrigation will partner will the IPPAN to hold the event while the Indian embassy in Nepal will be the country partner for the event.

Along with the involvement of the Indian embassy, the IPPAN expects a large Indian delegation to participate in the event.

Shedding light on the theme, the IPPAN said that broadening the green energy markets means enabling transportation, agriculture, industry, cooking, and commerce to both grow rapidly and make a complete switch to green energy away from fossil fuel which Nepal has to import at a huge cost to the economy.

The Summit will have thirteen sessions covering issues relating to markets for Nepal’s power, transmission infrastructure, demand for Nepal’s hydropower, technology and innovation, thinking beyond hydropower to solar, hydrogen, regulatory framework, cross-border power trade, sustainable and climate-resilient development among others, according to IPPAN.

Investment Board Nepal and the private sector will showcase projects with a combined capacity of 5,000 MW during the event. “The investors will have a unique opportunity to discuss and understand power projects for investments,” the IPAN said.

“The discussions during the summit are expected to pave the way for identifying and opening doors for Nepal’s green power,” the IPPAN said.