Nepal Endorses Framework for Solar Expansion to Combat Climate Change

Nepal's House of Representatives has ratified a framework agreement for joining the International Solar Alliance (ISA), an initiative spearheaded by India and France to combat climate change through solar energy solutions. This move supports Nepal's goal to significantly increase its solar energy capacity and develop 1,000 MW of solar power in the next few years.


PTI | Kathmandu | Updated: 08-06-2024 15:52 IST | Created: 08-06-2024 15:52 IST
Nepal Endorses Framework for Solar Expansion to Combat Climate Change
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Nepal's House of Representatives has overwhelmingly approved a framework agreement related to the International Solar Alliance (ISA), signaling a robust commitment to combating climate change. The proposal, championed by Energy Minister Shakti Bahadur Basnet, envisions ramping up solar energy usage in the Himalayan nation.

The ISA, a collaborative effort by India and France, was established during the 21st Conference of Parties (COP21) in Paris. Initially exclusive, its 2020 amendment opened membership to all UN countries. Currently, 119 nations, including Nepal, are signatories, with 98 having fully ratified the agreement.

Minister Basnet emphasized the national benefits, claiming clean energy is crucial for minimizing climate impact. He revealed plans for generating 1,000 MW of solar power within a few years, with competitive bidding for Power Purchase Agreements (PPA) already underway. Opposition leaders also hailed the proposal for its potential to provide affordable energy to citizens.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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