Uttar Kumar Shrestha is an experienced energy sector professional with 21 years of experience at Nepal Electricity Authority (NEA), a national power sector utility. He held various senior management positions during his time there and concluded his tenure as the Managing Director of NEA. He has a proven track record in business development, contract negotiations, risk management, market analysis, project financing, construction and commercial operation of hydro power project etc. Overall, Mr. Shrestha has a vast knowledge of hydroelectric power sector, associated regulations and legal requirements of doing business in Nepal.
Mr. Shrestha is a Fellow Chartered Accountant from the Institute of Chartered Accountants of India and holds MBA from Tribhuvan University, Nepal.
At present, he is the Chief Executive Officer (CEO) of Butwal Power Company Ltd (BPC) since 2014, a pioneer and leading hydropower company involved in hydro power sector in Nepal. He has been serving as chairman in Hydro Consult Engineering Company Ltd and board member in various hydropower companies.
He is also an Executive Member of the Independent Power Producers’ Association. Mr. Shrestha has participated as an expert in various national and international forums related to hydropower development. Previously, he was also a member of the Electricity Tariff Fixation Commission, appointed by Government of Nepal.
The sectoral knowledge and expertise he acquired during his employment at the state utility is now being used in hydropower development with the private sector. Before he joined BPC, he also worked as an in-sourcing Human Resource & Financial Management Specialist under World Bank TA in Town Development Fund, a government undertaking. Also, as a professional, he has been able to contribute positively to the areas of hydropower development and reforms of electric utilities. Apart from these, his associations with numerous professional bodies, both national and international, make him a professional winner.