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 Nepal government reaches deal with Hindu protesters India, China resume Lipulekh trade despite Nepal protest Nirmal Purja, world-renowned British-Nepali mountaineer killed in Pakistan avalanche Nimsdai transformed global mountaineering beyond records and summits Govt and Hindu organizations sign 13-point agreement Nepal partially eases curfew in Siraha’s Golbazar area Top Headlines Monsoon is predictable and Nepal’s disaster response should be too1 Before the Ballots: How Oli Lost the Political Narrative2 Balen’s Silence Has Invited Curiosity, Confusion, and Concerns3 Nepal “a Buffer State”: Rethinking foreign policy in relative terms4 Nepal’s Political Renaissance: The rise of the RSP, the re-ordering of the old political order and the political path forward5 Promotion Linked to Future Military Leadership: Major General Magar Could Become Army Chief6 Jagdamba Group Chairman Shankar Agrawal Arrested7 ‘Promotion of Ayurveda, Yoga and meditation along with modern medicine positive’8 TRENDING Impact of Social Media on Nepalese Society Private, public sectors launch Tourism Recovery Task Force Poudel faction meets to pick common candidate for party president Govt appoints Deepak Bhandari as NARC’s Executive Director Nepal now and Nepal then World Bank to provide $24 million to support Nepal’s sustainable forestry Airfare from Humla to Nepalgunj decreases Brunei’s Prince Azim dies at age of 38