August 29, 2026, Saturday
English

Kimathanka Arun hydropower project will be built with indigenous capital, investment modality decided

Main News Image

Kathmandu. The investment modality has been decided to build the Kimathanka Arun semi-reservoir hydropower project with a capacity of 454 MW identified in Bhotkhola rural municipality-2 of Sankhuwasabha with indigenous capital. The estimated cost of the project, including interest for the construction period, is 97 billion 94 million rupees. 70 percent of the total cost will be raised from debt and 30 percent from equity.

Co-financing of HIDCL, Employees' Provident Fund, Citizen Investment Fund, Social Security Fund, Insurance Companies and Banks has been proposed for debt management. The equity amount will be collected from founders, non-resident Nepalis, project-affected locals and general public through share issuance.

It is estimated that about 2 billion 69 million units of electricity will be generated annually from the project and the income will be about 16 billion 91 million rupees.

mediabaaji add

Related News

What is the foreign currency exchange rate on Friday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 140 rupees 25 paisa and the selliang rate is 14...

What is the foreign currency exchange rate on Friday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 62 paisa and the selling rate is 142...

Cancel the contract of the builder who does not work on time

Kathmandu. The Khajura rural municipality of Banke has canceled the contract of the builder who did not complete the project on time. Dil Bahadur Paudel, Chief Administrative Officer of Khajura Rural Municipality, informed that the progress of the...

Adding date of commercial production of hydropower projects

Kathmandu. The Nepal Electricity Authority has prepared to add RCOD to the final date for starting commercial production of hydropower projects that have not been able to start commercial production due to various reasons despite the PPA.

Th...

What is the foreign currency exchange rate for Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is 142...

The tenth Dhading festival will be held from January 15 to 25

Kathmandu. The 10th Dhading Festival 2082 will be organized with the aim of making the local economy dynamic through the development and promotion of the economic, social, touristic and cultural sectors of the district. The festival will be conduc...