Nepali Prime Minister announces intention to revive 1,200 MW hydro project
The Prime Minster of Nepal intends to restart a Chinese-led US$2.5 billion 1,200 MW Budhi Gandaki hydropower project which was previously cancelled and will also remove the currently listed developer, Nepal Electricity Authority.
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Country news
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June 05, 2017
650 MW Tamakoshi 3 hydropower plant in Nepal to be developed under PPP
Investment Board Nepal (IBN) has announced it is considering to develop a hydropower project under a PPP model with a mix of domestic and international investments.
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May 31, 2017
Nepal awards the 1,200-MW Budhi Gandaki hydropower project
The Nepalese government has decided to award the contract to construct the Budhi Gandaki Hydroelectric Project to China Gezhouba Group Corporation (CGGC).
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February 27, 2017
Indian Cabinet approves US$854.4 million for a hydropower project to be set up in Nepal
The Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister of India, Sh Narendra Modi has approved the investment proposal for 900 MW Arun –III Hydro Electric Project in Nepal.
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February 21, 2017
NMB Bank-led consortium to finance hydropower project in Nepal
NMB Bank Ltd has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW.
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January 05, 2017
Banks finance 10 MW Langtang Khola small hydropower project in Nepal
A group of banks has agreed to finance about US$23.7 million for the 10 MW Langtang Khola hydropower project in the Himalaya region of Nepal.
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