Social Security Fund Prioritizes Renewable Energy Investments
The Social Security Fund (SSF) of Nepal plans to expand investments in priority sectors such as hydropower and renewable energy. With contributions reaching Rs. 111.07 billion as of June 3, SSF aims to diversify its portfolio through partnerships with government-owned enterprises.
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The Social Security Fund (SSF) will invest in priority sectors, focusing on hydropower, electricity transmission, and renewable energy. Currently, discussions are ongoing for two out of four proposals received.
The Fund has 23,476 employers and 2,958,429 contributors, with total claims paid amounting to Rs. 20.45 billion. Investment policy excludes projects below 20 megawatts and those with restrictive power purchase agreements.
Also, it will not support projects lacking 30 percent equity or those run by private firms, ensuring alignment with its investment strategy. This shift may enhance economic development through strategic energy sector investments.
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