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 Former President urges global action on climate justice UN climate fund approves $20 Million for Nepal flood recovery RSP President begins three-day pilgrimage to India Nepal, India discuss future of global cooperation Nepali Congress urges government to protect citizens after Saudi drone… Indian Foreign Secretary to visit Nepal ahead of Balen’s India… Top Headlines Nepal “a Buffer State”: Rethinking foreign policy in relative terms1 Monsoon is predictable and Nepal’s disaster response should be too2 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief3 When the State Pulls the Trigger, Who Answers ?4 PM Shah pledges Krishnabhir highway reopening within month5 Before the Ballots: How Oli Lost the Political Narrative6 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward7 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns8 TRENDING Borders to remain closed until mid October NC president Deuba calls for moving ahead process for formation of next government Laxmi Bank’s 142nd Branch in Kamalbinayak, Bhaktapur Yeti Airlines makes maiden flight to Simara German NGOs ready to help Nepal in battle against Covid-19 Dr Sagar Raj Bhandari of Teku Hospital receives first jab as Covid vaccination kicks off Nepali Congress to move ahead in consultation with other parties Youth dies of electric shock in Kanchanpur
