KATHMANDU: The Independent Power Producers’ Association, Nepal (IPPAN) has submitted a 53-point proposal for the fiscal year 2026/27 budget and programmes, urging the government to introduce investor-friendly policies to boost the energy sector.

During a meeting with Finance Minister Dr. Swarnim Wagle on Sunday, IPPAN Chair Ganesh Karki said the private sector is ready to support the government’s target of generating 30,000 MW of electricity within the next 10 years.

He stressed the need for appropriate policies, budget allocation, opening Power Purchase Agreements (PPAs), and allowing private sector participation in electricity trade and transmission lines.

IPPAN also called for timely IPO approvals from the Securities Board of Nepal, better security arrangements for hydropower projects, and legal and policy reforms to encourage private investment.

Finance Minister Wagle said the government views energy as a key driver of the economy and pledged to prioritise the sector in upcoming policies and programmes.

He also urged investors to maintain professionalism and integrity in the energy business.

IPPAN further recommended declaring a “Decade of Energy Development and Consumption Promotion” and ending the current single-buyer electricity system by allowing broader electricity trading and imports from neighbouring countries.