Thesis Abstract

All Thesis Abstracts

Laboratory Investigation on Improving California Bearing Ratio Value of Weak Subgrade Soil Modified with Fly Ash, Waste Concrete Fines and Road Dust

Riju Adhikari

Asst. Prof. Rajesh Khadka

Trip Based Mode Choice Modeling : A Case Study of Biratnagar Metropolitan City

Sunil Khatri

Er. Rajesh Khadka

Evaluation of Traffic Congestion Costs of New Baneshwor to Old Baneshwor Road Section

Ankur Bhatta

Prof. Dr. Thusitha Chandani Shahi

Analysis of Pedestrian Gap Selection Behavior at Selected Crosswalks of Unsignalized Intersection:A Case Study of Durbar Marg and Naya Bazaar of Kathmandu

Sujana Thapaliya

Prof. Dr. Thusitha Chandani Shahi

Evaluation of Combined Effect of Flakiness and Elongation in the Strength Parameters of First Coat Stone Chippings for Double Bituminous Surface Treatment

Parbesh Manandhar

Er. Rajesh Khadka

Determination of Relationship between Thickness of Base Course and Different Physical Properties of Base Material in the Construction of Flexible Pavement

Aashma Neupane

Asst. Prof. Rajesh Khadka

Challenges and Opportunities of Foreign Direst Investment and its Impact on the Hydropower Sector in Nepal

Student: Nirmala Adhikari

Supervisor: Er. Gyanandra Prasad Kayastha

Submitted Date: December, 2022

Abstract

The economically feasible hydroelectricity generation potential of Nepal has been estimated at around 43,000 MW out of which only 2018 MW has been installed as of August 2022. One of the major reasons for such severe underutilization of hydropower potential is lack of funding. Approximately, NRs. 10.6 trillion is needed for full exploitation of potential. Hence, the need for foreign direct investment is evident as such a high amount cannot be gathered domestically. This thesis aimed to assess the opportunities, challenges, positive and negative impacts of introduction of FDI in hydropower development. The questionnaire survey was carried out to collect data for this study. The survey was conducted with relevant officials from Government and selected hydropower projects with foreign investment. Secondary data were collected from several reports and journals from government portals. The relative importance index (RII) method was used to calculate the rank of challenges, opportunities and impacts factors and Spearman test done to correlate the two parties. According to Spearman test both parties having a strong correlation regarding opportunities, challenges and positive impacts and a very strong correlation regarding negative impact. For the respondents, the increasing government priority for hydropower development and availability of raw materials and resources were the major opportunities, followed by increasing domestic demand and export of hydroelectricity. They listed problematic land acquisition, local hindrances and inconsistencies in government policies as major setbacks. The interviewees were hopeful that the FDI will bring higher employment opportunities and skill transfer. It is also to be noted that they expressed concerns such as interference in government policies for the benefit of foreign investors and loosening of law causing policy disruption as some impacts that introduction of FDI might have adversely on Nepal. Proper facilitation of developers regarding land acquisition and EIA issues should be done, non-redundant and consistent polices should be drafted and Nepal should also aim at exporting more hydroelectricity.

Keywords

Foreign Direct Investment, Potential, Opportunities, Challenges, Impacts, Ranking

THESIS ABSTRACT