Nepal, May 30 -- The government has set a target of generating an additional 942 megawatts of hydropower in the upcoming Fiscal Year (FY) as part of its broader goal to produce around 28,500 megawatts by 2035.

Finance Minister Bishnu Paudel, while unveiling the new budget, announced plans to increase the country's total installed capacity to 4,800 megawatts. Minister for Energy, Water Resources and Irrigation Deepak Khadka stated that the budget also includes the construction of 732 kilometers of double-circuit national transmission lines.

For FY 2025/26, the government has allocated Rs 86.01 billion to the Ministry of Energy, Water Resources, and Irrigation. The key priorities include energy self-reliance, expansion of irrigation infra...