Kathmandu, Nov. 21 -- Nepal needs a clear business strategy for import substitution through energy self-sufficiency.
It is that time of year again - another Power Summit is taking place. The agenda and content of this conclave 21-22 November was no different from all past summits: the need for large reservoir projects to meet winter demand and river regulation, pricing of peak power for export, and balancing supply-demand. And as always, the elephant in the room is India's strategic interest in Nepal's water resources.
Going back to the Nepali Times archives for coverage of past summits, we noticed a pattern. None of the big reservoir projects like West Seti or Tama Kosi 3, designed primarily to export power to India, ever got off the g...