After almost 9 years of working experience in the field of Biofuel, PEEDA realized that the achievement achieved so far needs to be materialized and institutionalized for sustainable development of bioenergy. In the present context, Nepal is totally dependent upon fossil fuels and additionally suffers from scarcity of such fuels periodically. Thus, PEEDA in collaboration with various relevant stakeholders decided to support the formation of an organization namely Nepal Bioenergy Society (NBES), the objective of which is to promote renewable form of energy technologies derived from biomass. Furthermore, it aims to execute policy and people centric advocacy. The first Annual general meeting of NBES was held on November 6, 2015 at Indreni Complex, New Baneshwor, Kathmandu.