In the Himalayas, a New Power Rises: Water

Nepal is betting that a new energy gold rush borne of its thousands of rivers and craggy peaks will establish it as a major Asian electricity source. While India, Pakistan and China have all developed massive hydropower plants along the Himalayan mountains, Nepal’s civil war and political instability scared off investment for decades. Now, thanks to an inclusive peace process that allowed the country’smain rebel leader to be elected prime minister twice, the focus is shifting to Nepal. Hydropower projects worth billions of dollars are in progress, with geologists and investors scouring the landscape for more. Read more