India's Power Boom Shrinks Nepal's Hydropower Export Window

India's electricity demand is projected to more than double over the next decade, but its rapid expansion of solar, wind, storage and nuclear power means Nepal cannot assume it will remain a captive market for its hydropower. As India scales up its renewable and nuclear capacity, the window for Nepal to secure a long-term export market for its hydropower may be narrowing. The analysis suggests that while demand growth offers an immediate opportunity, India's own generation build-out could reduce its reliance on imported power in the future.