National
Nepal signs agreement for renewable energy programme with additional funding
€6 million added to REEEP-GREEN programme to boost green recovery and energy empowerment.Post Report
The Ministry of Energy, Water Resources, and Irrigation and GIZ Nepal, on behalf of the German Federal Ministry for Economic Cooperation and Development and the European Union have signed the second amendment to the implementation agreement for the Renewable Energy and Energy Efficiency Programme–Green Recovery and Empowerment with Energy in Nepal (REEEP-GREEN).
The signing ceremony was held in Lalitpur in the presence of Secretary for Energy, Water, Resources and Irrigation Ministry Suresh Acharya, Head of Cooperation at the Delegation of the European Union to Nepal José Luis Viñuesa-Santamaría, Deputy Head of Mission at the German Embassy in Kathmandu Benjamin Seidel, and other senior officials.
The deal formalises the technical cooperation agreement between the governments of Nepal and Germany, originally signed on January 23, 2024.
The amended agreement includes an additional funding of €6.0 million and a three-year extension of the project.