7.4 Power Sector Reform in Nepal

The reform arc (the examination's synthesis):1. Monopoly era — NEA everything (post-2041).2. Licensing era — Electricity Act 2049 opens generation to IPPs; PPAs proliferate.3. Regulatory era — the 2074 Commission Act introduces independent tariff/licensing oversight.4. Restructuring era — NEA's corporatization and subsidiary unbundling; the transmission company and generation company debates; the market-trading questions (the pool/single- buyer evolution).5. The unfinished agenda — the Electricity Act's amendment (the old 2049 Act straining under the new structure), export institutions, and provincial energy governance. Verify every citation yourself — do not rely on this page alone. Case names, numbers, dates and the decisions attributed to them have been removed from these notes or are unverified. Before you quote anything in an exam, a moot or a filing, check it in the primary source: the Nepal Kanoon Patrika report, the statute, the prescribed textbook and your college notes. These notes are a study aid written with AI assistance; they are not a substitute for the reports, they are not reviewed by Tribhuvan University, and they are not legal advice. If a statement here conflicts with the source, the source is right.