August 27, 2026, Thursday
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

The price of gold increased, how much per tola on Thursday?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 800 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 284,000 rupees per tola today. The price of 10 grams of gold...

Naima's interest in EV motor capacity dispute, urges government to make clear standards

Kathmandu. Nepal Automobile Importers and Manufacturers Association Naima has said that it has drawn attention to the recent comments, discussions and explanations regarding the motor capacity of electric vehicles 9EV0.

Naima issued a statem...

What is the exchange rate of which country on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 75 paisa and the selling rate is 145 rupees 35 paisa.

Simi...

Huge price hike in petroleum products

Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has informed that the prices of diesel, kerosene and jet fuel have been increased internally with effect from today. According to the new price list, d...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 78 paisa and the selling rate is 145 rupees 38 paisa. Similarly,...

National Life's CEO Club member honor program completed

Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honoring program for the agents of Koshi region at Hotel The Kingsbury located in Birtamod under the chairmanship of the chief executive officer of the company. In t...