'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
Tax arrears are coming up: The remaining amount has reached 94.95 billion
Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...
1 lakh 33 thousand 608 shares of founder shares of Nabil Bank for sale
Kathmandu. A founder shareholder of Nabil Bank Limited is going to sell 133,608 shares of founder shares owned by him.
The said shareholder had applied to the bank saying that he wanted to sell the shares in his name in lump sum. After the a...
Here are the foreign currency exchange rates set for Friday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Friday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. Similarly...
In the implementation of revised procedures related to concessional loan interest subsidy
Kathmandu. The government has implemented a new procedure with the aim of making the interest subsidy system provided in subsidized loans more transparent, systematic and effective.
The Ministry of Finance has approved and formally implement...
NADA expresses grief over severe floods in Rasuwa, urges vigilance in affected areas
Kathmandu. Nepal Automobile Importers and Manufacturers Association NADA has expressed deep sorrow over the extensive damage caused to life, infrastructure and public and private property in Timure, Syafrabensi and Rasuwagadhi areas due to the sev...
What is the exchange rate of which foreign currency on Tuesday?
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 95 paisa and the selling rate is 144 rupees 55 paisa.
Similarly...