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First Gen Bats for Policy Reforms to Spur Power Sector Growth - BusinessWorld Online

Summary by bworldonline.com
FIRST GEN Corp. is calling for reforms in the regulatory framework, including a review of price caps in the Wholesale Electricity Spot Market (WESM), to allow power generators to recover returns and encourage further investments. “There are regulatory policies and market mechanism structures that make critical power investments difficult to sustain,” First Gen President and Chief Operating Officer Francis Giles B. Puno said during the company’s …

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Startup And Technology News From Nepal broke the news in on Wednesday, May 28, 2025.
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