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ABSTRACT Bhutan benefits from surplus power generation and associated export revenues, whereas Nepal suffers from power shortages and import deficits. They have contrasting hydropower development, taking different approaches and relying… Click to show full abstract
ABSTRACT Bhutan benefits from surplus power generation and associated export revenues, whereas Nepal suffers from power shortages and import deficits. They have contrasting hydropower development, taking different approaches and relying on different sources of development finance in hydropower projects. This study analyzed effective financing approaches for feasible hydropower projects under geopolitical constraints. The lesson learned from their comparison is strategic prioritization to select and consolidate international funds. Bhutan has attracted external finance to large projects for power export. However, Nepal failed to plan and use external funds from donors and private investors, resulting in small projects for only domestic consumption.
Journal Title: International Journal of Water Resources Development
Year Published: 2020
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