Kathmandu, Sept 29, 2024 (AFP) - Nepal dam-building spree powers electric vehicle boom

NAMPA / AFP

2024-09-29

Taxi driver Surendra Parajuli's decision to buy an electric cab would have been unthinkable a decade ago, when chronic power cuts left Nepalis unable to light their homes at night. But a dam-building spree has led to dirt-cheap energy prices in a landlocked Himalayan republic otherwise entirely dependent on fossil fuel imports, meaning the switch has put more money in his pocket. "It has meant huge savings for me," Parajuli, the proud new owner......

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