On November 21, ABB hosted Technology Day for 250 Nepali companies across industries such as utilities, transport and infrastructure. They engaged in a series of workshops with ABB experts, which was also accompanied by an exhibition of latest technology across the sectors. In addition to the workshops, round table discussions were also held with key companies from the utilities and industry segments. ABB, a 130-year-old global pioneering technology, are leaders in power grids, electrification products, industrial automation and robotics and motion. “ABB’s association with Nepal goes back a long way with instrumental energy projects. We are hosting our first Technology Day for Nepal at a time when this great mountain country is taking a big leap for the next level of growth to improve the lives of its citizens,” said Karthik Krishnamurthi, Country Head of Sales and Marketing & Account Management, ABB India.
Nepal is looking at increasing the installed power capacity to 15000 MW by 2027 with more than 10% coming from renewable energy sources and also reduces power transmission and distribution losses to 15% in the next two to three years. ABB technologies are deployed for communication in more than 80% of the electricity authority’s power substations.
As per various reports, Nepal is also planning to add 10,000 MW of hydro potential over the next decade. ABB has also provided a host of technology solutions and systems for various hydro projects in the country from unified automation systems, digital governors, synchronizers and various other power management solutions in projects like Lower Modi, Panauti, Sankoshi and PuwaKhola.