'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
An increase of 47.22 points in NEPSE, turnover of 7.3 billion
Kathmandu. On the first trading day of the week, NEPSE index increased by 47.22 points to 2647.44. During the day, 1 crore 42 lakh 4 thousand 362 shares of 330 companies were bought and sold, and more than 7.3 billion...
Fixed foreign currency exchange rates
Kathmandu. The foreign currency exchange rate determined by Nepal Rastra Bank today is stable. According to the National Bank, today the same rate as yesterday is maintained. Today, the buying rate of one US dollar is 151 rupees 61 paisa and the s...
Naima Expo ends, enthusiastic participation of 180,000 visitors
Kathmandu. Nepal Mobility Expo 2026 has concluded in Naima. The Naima Expo, which was officially inaugurated on July 26, was concluded today with the enthusiastic attendance of more than 180,000 visitors.
More than 30,000 people observed the...
A decline of 27.64 points in NEPSE, limited to 5.15 billion
Kathmandu. On the third trading day of the week, the stock market NEPSE index fell by 27.64 points to 2595.24. In NEPSE, 134 lakh 3 thousand 898 shares of 322 companies were bought and sold on this day, and over 5.15 b...
The US dollar, Australian dollar and dinar rose, while the euro and pound gained more
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Thursday. Today, the exchange rate of all foreign currencies including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinar has increased....
IPO distribution of Ridge Energy completed, 1 lakh 18 thousand people got shares
Kathmandu. Ridge Line Energy Limited has completed the IPO process issued to the general public. Sales manager Prabhu Capital completed the allotment this morning. IPO of the company 118 thousand 26 people have acquired 11 lakh 80 thousand 260 sha...