"I reckon there is a good opportunity to invest in hydropower sector," said Bhandari. "I believe the development of hydropower in Nepal would benefit the neighboring countries as well, and would eventually contribute to economic development of the region."

The summit, organized by Nepal's Energy Development Council, also witnessed the launch the guidebook "How to Develop A Hydro Power Project in Nepal", which will provide information to investors in utilizing the country's hydro resource in various forms.