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Nepal Seeks Early India Power Imports After 12 Hydropower Losses

9/9/2026

22 5 Full Breakdown

Summary

Story summary

Floods in August 2026 damaged 12 hydropower projects, losing about 431 MW (10%) of capacity.
Upper Trishuli-1, a $647 million foreign-direct-investment project, was almost completely destroyed.
Nepal estimates reconstruction at $4–$5 billion, about a tenth of GDP.
The government is seeking early electricity imports from India.
Climate activist Himanshu Thakkar says lenders ignored risk reports and failed to demand safety checks.

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Story summary

Floods in August 2026 damaged 12 hydropower projects, losing about 431 MW (10%) of capacity.
Upper Trishuli-1, a $647 million foreign-direct-investment project, was almost completely destroyed.
Nepal estimates reconstruction at $4–$5 billion, about a tenth of GDP.
The government is seeking early electricity imports from India.
Climate activist Himanshu Thakkar says lenders ignored risk reports and failed to demand safety checks.