Dr Sandip Shah spoke to MBA final year students at School of Management, Tribhuvan University today at Kirtipur. He gave a lecture on Hydropower Project Management and Risk Management. Dr Shah was invited to give a guest lecture regarding his experiences in the hydropower sector by Dr Govind Tamang, to students in the final semester of the MBA program. The lecture took place on August 2, 2022, at 14:15 and lasted more than an hour.
Minutes from the Lecture:
- Introduction of Dr. Shah by Dr. Tamang,
- A short explanation of the production of hydropower energy,
- Explanation of Various processes associated with the Life Cycle of a Hydropower Project,
- Explanation of Risk Analysis and Risk Management,
- Brief word on the importance of insuring any project,
- Brief word on the importance of HSE and ESG.
During this whole lecture, Dr. Shah shared instances from his own professional experiences of hydropower projects development, construction and O&M – nationally and internationally. Overall, the lecture was very interactive, with students asking questions and Dr. Shah answering them with additional comments from Dr. Tamang. As the students couldn’t ask all the questions they wanted to, as Dr. Shah had to leave for another meeting, they were given contact details for any further queries. All in all, it was an enlightening lecture and served as a good initial look for the MBA students into the world of Hydropower Project Management and Risk Management.
Notable Quotes:
“Hydropower is a business with high risk but it does have high long-term returns and needs immense patience.”
“Identify all possible risks. Some risks you mitigate. Some risks you insure, and some, you have to live with but make sure these are calculated risks”