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HYDROPOWER DEVELOPMENT AND ECONOMIC GROWTH …

HYDROPOWER . DEVELOPMENT AND. ECONOMIC GROWTH . IN NEPAL. Herath Gunatilake, Priyantha Wijayatunga, and David Roland-Holst NO. 70 ADB SOUTH ASIA. June 2020 WORKING PAPER SERIES. ASIAN DEVELOPMENT BANK. ADB South Asia Working Paper Series HYDROPOWER DEVELOPMENT and ECONOMIC GROWTH in Nepal Herath Gunatilake, Priyantha Wijayatunga, and Herath Gunatilake is a former director, Sustainable David Roland-Holst DEVELOPMENT and Climate Change Department, and Priyantha Wijayatunga is currently the energy No. 70 | June 2020 sector director, South Asia Department of the Asian DEVELOPMENT Bank (ADB).

Nepal’s economic growth was less than 4% per annum during the 2000s. This slow growth is partially attributed to shortages in the supply of electricity for both traditional and modern industries. This situation has been changing, as it recorded about 6% growth in 2013 and about 7.3% growth on average

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