The Embassy of the Republic of Korea in Nepal, in collaboration with the Independent Power Producers’ Association Nepal (IPPAN), organized the Nepal–Korea Energy Cooperation Seminar in Kathmandu on Monday.

This is the first time that such event was held in Nepal to promote private-sector cooperation in the energy sector.

Addressing the seminar as chief guest, Chiranjeewee Chataut, Secretary at the Ministry of Energy, Water Resources and Irrigation, said Nepal seeks long-term partnerships with Korean investors, particularly in hydropower and energy development.

He noted that Nepal and South Korea have maintained economic cooperation through trade agreements, joint ventures, labour collaboration and resource sharing, and expressed hope for increased Korean investment in Nepal’s energy, water resources and irrigation sectors.

Ambassador of the Republic of Korea to Nepal Tae-Young Park said the Korean government has supported Nepal’s development for more than five decades, including the construction of three hydropower projects with Korean financing.

Highlighting strong potential for bilateral cooperation in energy, he said the seminar provided a platform for companies from both countries to explore future collaborative projects.

The embassy also distributed a directory of Korean companies operating in the hydropower sector.

The seminar was organized with an aim to strengthen collaboration with private energy producers and attract Korean investment.

Former government secretary Madhu Prasad Bhetuwal, in his presentation, outlined investment opportunities in hydropower generation and transmission infrastructure, along with government policies in the sector.

About 150 participants, including government officials, media representatives, hydropower developers from Nepal and South Korea, officials from KOTRA New Delhi, and IPPAN members, were present on the occasion.