Partners: DFID’S AIIN Project
Client:HIDCL
Sector: Energy, Hydro-Finance
Project Duration: 2021

VRock is assisting the Government of Nepal in operationalizing the Hedging Regulations issued in 2019 and in properly assessing foreign exchange risk inherent in FDI transactions. VRock has sensitized the Government of Nepal regarding the funding need of various infrastructure projects and the potential long term and short term risk management strategies that are expected to yield significant results in terms of attracting FDIs in Nepal. VRock has conducted numerous stakeholder conferences and meetings to identify issues surrounding foreign exchange risk and how they can be mitigated to minimize foreign exchange losses and make the projects more bankable. Currently, VRock is working to solve various uncertainties surrounding the hedging protection mechanism such as pricing and institutional setup and in catalyzing the overall hedging process in order to speed up foreign investment in infrastructure.