Nepal’s hydropower sector still runs on a licensing regime built around the Electricity Act, 2049 (1992) and the Companies Act, 2063 (2006), with a cluster of sector-specific policies layered on top over three decades. The Ministry of Energy, Water Resources and Irrigation (MoEWRI) retains policy oversight and licensing authority. The Department of Electricity Development (DoED) issues survey and generation licences for certain threshold.