Key Market Indicators
Nepal's gas turbine imports are on an upward trajectory, projected to soar to nearly $1.8 million by 2028. This marks a substantial increase from approximately $1.4 million in 2023. The growth rate for these imports is averaging 3.9% annually. This trend continues a pattern observed since 2014, when the demand for gas turbines in Nepal began to climb steadily at an average annual rate of 6.9%.
