Even though Nepal is rich in water power, but it has not been exploited to an adequate extent. It is presumably due to certain socio-economic constrains noted below:
i)Lack of Adequate Capital: The initial cost of executing large hydro-projects is amazingly huge, but Nepal is one of the poorest countries in the world. On the other hand, adequate fund needed for the task is not easily available. This stands as a strong financial constraint to the satisfactory development of water power.
ii) Lack of Skilled Manpower: The development of water power demands adequate skilled manpower of varied levels. Nepal, on the other hand, does not possess required number of competent personnel. The purse of the country does not permit the import to such manpower.
iii)Limited Market: Power development in a large scale pre-supposes the existence of wide industrial market close at hand. Since Nepal industrially a weak nation, extensive market for hydro-electricity does not exist in the country. Moreover, owing to low economic standard of the vast majority of the people in the country, adequate demand for hydro power, particularly in rural areas, does not exist as yet. The export of hydro-electricity is not guarantee because Nepal's neighborhood countries are not positive in the production of hydro-electricity in Nepal.
i)Lack of Adequate Capital: The initial cost of executing large hydro-projects is amazingly huge, but Nepal is one of the poorest countries in the world. On the other hand, adequate fund needed for the task is not easily available. This stands as a strong financial constraint to the satisfactory development of water power.
ii) Lack of Skilled Manpower: The development of water power demands adequate skilled manpower of varied levels. Nepal, on the other hand, does not possess required number of competent personnel. The purse of the country does not permit the import to such manpower.
iii)Limited Market: Power development in a large scale pre-supposes the existence of wide industrial market close at hand. Since Nepal industrially a weak nation, extensive market for hydro-electricity does not exist in the country. Moreover, owing to low economic standard of the vast majority of the people in the country, adequate demand for hydro power, particularly in rural areas, does not exist as yet. The export of hydro-electricity is not guarantee because Nepal's neighborhood countries are not positive in the production of hydro-electricity in Nepal.
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