29 November 2018

Web of Concerns Over Transmission Lines in Nepal

Last week, the Vice President of the European Investment Bank (EIB), the European Union’s policy bank, met top government officials in Nepal to discuss funding renewable energy and sustainable development for rural communities. The bank is already investing in various hydropower sector projects in the country, and contributing to Nepal’s ambitious plans to develop 4,000 kilometres of transmission lines and 40,000 megawatts of hydropower generation by 2040. While the EIB seeks to increase its footprint in Nepal’s energy sector, the experiences of communities in Lamjung district of Nepal, aggrieved by the EIB-funded 220 kV Marsyangdi Corridortransmission line, suggest the bank must pay closer attention to addressing potential impacts faced by local communities, if its investments are to be successful.

Read the full article on The Third Pole.