गृहपृष्ठ ∕ Nepal ∕ Indian company selected for project development Nepal Indian company selected for project development KathmanduPati January 30, 2021 KATHMANDU – The SJVN Limited of India has been selected to prepare the project framework for the Lower Arun Hyrdropower Project. The framework for the project will be developed as Build, Own, Operate and Transfer (BOOT) model under the public-private partnership framework. A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli. The selection was made based on an assessment of the companies listed through international bidding. The 679 MW-project will be based in Sankhuwasabha and Bhojpur districts. The project was proposed before international investors during the Nepal Investment Summit held in Kathmandu 2019. At the meeting, Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects needs to be implemented on time, according to IBN spokesperson Dharmendra Kumar Mishra. Meanwhile the meeting decided to invite as experts to the Board Rajesh Kaji Shrestha, Hari Bhakta Sharma and Bhawani Rana, and Balkrishna Shiwakoti as invitee member. Write your comments RELATED NEWS More than 800 historical Nepali documents handed over to National… Nepal Army chief Ashok Raj Sigdel to visit UK Nepal sees 12% rise in tourist arrivals in September despite… Nepal urges faster climate finance as losses mount from disasters Nepal name squad for Cricket World Cup League 2 Nepal, Malaysia agree to act against syndicates affecting migrant workers Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Nepal “a Buffer State”: Rethinking foreign policy in relative terms2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 Before the Ballots: How Oli Lost the Political Narrative5 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 PM Shah pledges Krishnabhir highway reopening within month8 TRENDING What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? Public Relations for a Soldier Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki Lockdown 2.0: What the Government should do this time around Hungry people out on streets, but the government nowhere to be seen Gunjan Saxena:The Kargil Girl serves a refreshing depiction of a war film The FinCEN Files: Nepali banks and companies transact billions of rupees through dubious channels Now more than ever, support the IT sector
