'Upper Myagdi' Hydropower Project: 50% physical progress in 13 months
-
Media Baaji
- Thu, 30 April 2026
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.
Related News
NEPSE rose by 9.93 points, 7.5 billion shares traded
Kathmandu. On the third trading day of the week, NEPSE index increased by 9.93 points to 2649.30 points. Today, when 1 crore 48 lakh shares of 334 companies were bought and sold, there was a turnover of more than 7 billion 12 crore rupees. Among t...
NMB Bank launches 'EV Auto Loan' at 0.5% for new electric vehicles
Kathmandu. NMB Bank Limited has introduced loan facilities for new electric vehicles at a special interest rate starting from 0.5%, targeting the Naima Auto Expo. With the objective of promoting environment friendly transportation and sustai...
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 142 rupees 88 paisa and the selling rate is 143...
Informing the world about the Bhotekoshi disaster Nepal: High-level regional debate in Bangkok, support of 53 countries
Kathmandu. Nepal has organized a high-level regional debate on the Bhotekoshi-Trishuli disaster in Bangkok, the capital of Thailand. In a high-level debate with the participation of ministers from Asia Pacific countries, Nepal informed about the c...
What is the exchange rate of which foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
The capital market increased by 45 percent: shine in the banking and financial sector!
Kathmandu. The stock market continues to fluctuate continuously. Although the market fell by a few points on Tuesday, there was an improvement on Wednesday. Although it has increased today, the current ups and downs are considered to be the effect...