'Upper Myagdi' Hydropower Project: 50% physical progress in 13 months
Myagdi. In the 13 months since the construction of the under construction 'Upper Myagdi' hydropower project in Dhawalagiri Rural Municipality of Myagdi, 50% physical progress has been achieved. The 46.25 MW capacity project promoted by Hydro Empire Limited has accelerated the construction of dams, tunnels, power houses, transmission lines, hydro and electromechanical projects with the goal of starting electricity generation within the month of March 2083. Ramesh Subedi, the head of the project, informed that the construction of the project, which started in March 2081, has achieved 50 percent physical progress.
"We have progressed the work according to the action plan to complete the underground structure including the tunnel within the next eight months", he said, "The civil contractor is doing the work of the tunnel, dam and power house for speed, while the work of the transmission line and Penstake pipeline will also start soon."
Project chief Subedi said that 4,220 meters of the entire underground structure, including the 6,425-meter main tunnel, had been completed by Tuesday. Dam in Dhawalagiri Rural Municipality-4 Singkosh Dobhan and power house in Ghimleti 9Kharpani0 are under construction.
Express
Related News
Himali Hydro Fund convened a general meeting to pass the IPO proposal
Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu...
The fuel facility of certain officials and government employees has been reduced
Kathmandu. In order to control public expenditure and manage the fuel crisis, the government has decided to significantly reduce the fuel facilities provided to government employees and special officials. According to the Ministry of Finance, due...
50% of rice planting has been completed across the country: most in Far West, less in Koshi and Madhesh!
Kathmandu. About 50 percent of paddy planting has been completed across the country so far. According to the Department of Agriculture, this year, while the target is to plant rice in an area of 13 lakh 70 thousand hectares, so far planting in a...
Agreement between NMB Bank and Rapid Tech for expansion of digital banking services at 'Nepal Fintech Expo 2026'
Kathmandu. NMB Bank Limited has collaborated with Rapid Tech Pvt. Ltd. on the occasion of Nepal Fintech Expo 2026 to expand digital banking services. The bank entered into this agreement with the aim of providing banking services directly from the...
NMB Bank's profit up by 27.11 percent: improvement in earnings per share and distributable profit
Kathmandu. NMB Bank Limited has earned a net profit of Rs 1.16 billion in the first three months of the current financial year 2083/84. This is an increase of 27.11 percent compared to Rs 91.6 crore in the same period last financial year. Along wi...
277 customers blacklisted for not paying electricity tariff
Kathmandu. Bharatpur distribution center under Nepal Electricity Authority has blacklisted 277 customers who have not paid electricity tariff in the current financial year. According to the center, action has been initiated against customers who h...



