Catastrophic Flood Exposes the Risks of Nepal’s Hydropower Bet
The loss of power-generating capacity has raised questions about an ambitious expansion of renewable energy in one of the world’s most hazard-prone mountain regions.
The loss of power-generating capacity has raised questions about an ambitious expansion of renewable energy in one of the world’s most hazard-prone mountain regions.
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Why it matters
The catastrophic flood damaging Nepal's hydropower capacity highlights risks in a key emerging-market infrastructure sector, raising concerns about energy security and investment viability in hazard-prone regions, but it is primarily a regional event with limited direct impact on global credit markets.
Sources
The New York Times Business
Catastrophic Flood Exposes the Risks of Nepal’s Hydropower Bet
The loss of power-generating capacity has raised questions about an ambitious expansion of renewable energy in one of the world’s most hazard-prone mountain regions.