'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 increased by 17 points, turnover over 4.83 billion rupees
Kathmandu. On Friday, the last trading day of the week, the Nepal Stock Exchange NEPSE index rose by 17.15 points to 2,591.80 points. A positive sign was seen in the stock market as the market increased by 0.66 percent. Most of the company's...
Investment of more than 21 billion in two semi-reservoir hydropower projects approved by the Board of Investment
Kathmandu. The 68th meeting of the Board of Investment held today under the chairmanship of Prime Minister Balendra Shah has decided to approve the investment of two semi-reservoir hydropower projects.
The meeting decided to approve the inve...
A new record in the price of gold is being made day by day, how much per tola on Thursday?
Kathmandu. The price of gold in the Nepalese market has reached a historic high today. Gold has increased by 2 thousand rupees to become the highest so far.
According to the Nepal Gold and Silver Traders Federation, gold h...
Today, NEPSE closed down by 13.52 points, trading at 5.23 billion
Kathmandu. On the fourth trading day of the week, NEPSE index decreased by 13.52 points and remained at the point of 2631.17. During the day, 1873 thousand 372 shares of 332 companies were bought and sold, with a turno...
Stock markets rose by double digits, greener on Bikas Bank and Hydropower indices
Kathmandu. On the third day of the week, i.e. Tuesday, the stock market has increased by double digits. Today, the NEPSE index increased by 13.51 points to 2812.34 points. In the stock market today, 348,520,000 shares of 340 companies of various s...
Dollar, Euro and Rial prices increased or decreased: see today's exchange rate
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Monday. According to the rates determined by the Central Bank, the buying rate of one US dollar is 151 rupees 71 paisa and the selling rate is 152 rupees 31 p...