21 billion investment approved for 105.62 MW electricity
-
Media Baaji
- Sat, 10 October 2026
Kathmandu. The government has approved an investment of more than 21.17 billion rupees in two hydropower projects with a power generation capacity of 105.62 megawatts. The 68th meeting of the Board of Investment held on Friday under the chairmanship of Prime Minister Balendra Shah has decided to approve investment in Nar Khola in Manang and Sani Bheri-3 hydropower projects in Rukum.
The meeting approved the investment of 10.75 billion 497 thousand rupees in the Nar Khola semi-reservoir hydropower project with a capacity of 58.9 megawatts and 10.42 billion 33 lakh 62 thousand rupees in the Sani Bheri-3 project with a capacity of 46.72 megawatts. The total cost of both projects reaches 21 billion 17 billion 38 lakh 59 thousand rupees.
The board, which has approved investment in new projects, has also advanced the progress and future production targets of two large hydropower projects that have been under construction for a long time. The 900 MW Arun-3 project being built by India's state-owned company Sutlej Jalvidyut Nigam SJVN aims to start commercial production by February 2028. Earlier, the goal was to complete the construction by March 2025, but after the work was not completed, the process of extending the time was started.
In the case of the 900 megawatt Upper Karnali hydropower project, the meeting has decided to facilitate the construction immediately as per the provisions of the Project Development Agreement 9PDA0.
Related News
Bagmati province to refund the money of the savers of five troubled cooperatives
Kathmandu. Bagmati Province, the office of the distressed cooperative management committee is returning the savings of small savers of five distressed savings and credit cooperatives from today.
Rameshwar Dhakal, a member of the committee, i...
The work on the western section of Muglin-Pokhara road is in the final stage
Kathmandu. The construction of the Jamune-Pokhara West section of the Muglin-Pokhara road project is set to be completed by November. According to the Ministry of Infrastructure Development, the construction has picked up speed after the problems...
An increase of 47.22 points in NEPSE, turnover of 7.3 billion
Kathmandu. On the first trading day of the week, NEPSE index increased by 47.22 points to 2647.44. During the day, 1 crore 42 lakh 4 thousand 362 shares of 330 companies were bought and sold, and more than 7.3 billion...
KIEC's assistance of Rs 15,55,555 for flood-affected
The Kathmandu. KIEC has contributed Rs.15,55,555 to the Prime Minister's Disaster Relief Fund for the relief of people affected by floods and landslides in different parts of the country, including Bhotekoshi area. The amount collected from the jo...
Preparation to amend the Nepal Rastra Bank Act
Kathmandu. Nepal Rastra Bank Act 2058 is going to be amended. In order to amend and update the Nepal National Bank Act in a timely manner, the government has drafted the 'Bill to Amend the Nepal National Bank Act, 2058'.
The Ministry o...
Foreign currency exchange rates: what is the price of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for Thursday. According to the Central Bank, today the buying rate of one US dollar is 152 rupees 74 paisa and the selling rate is 153 rupees 34 paisa.
<...