Beijing has decided to halt the construction of the Rasuwa dry port at the northern border point after a flash flood in July destroyed more than 90 percent of the under-construction facility. Officials privy to the matter say Beijing has not elaborated on the reason for the halt. “The Chinese government wrote to the Ministry...
Bangladesh will import an additional 20 megawatts of electricity from Nepal, taking the total to 60 megawatts. The agreement was reached during the 7th Nepal-Bangladesh Energy Secretary-level Joint Steering Committee (JSC) meeting held in Dhaka on Thursday. The meeting was co-chaired by Nepal’s Energy Secretary Chiranjeevi Chataut and Farzana Momtaz, secretary at the Ministry of...
Kathmandu: Officials of Nepal and India have agreed to enhance cross-border electricity exchange and strengthen transmission infrastructure by expediting work on several existing and planned transmission line projects. During the 17th meeting of the Joint Technical Team (JTT) under the energy (power) ministries of both countries, held in the western tourist city of Pokhara on...
Nepal and India on Wednesday signed a joint venture and shareholder agreement to construct two 400 kV cross-border transmission lines aimed at expanding electricity trade between the two countries. The proposed projects include the Inaruwa (Nepal)–New Purnea (India) 400 kV double-circuit transmission line and the Lamki (Dodhara, Nepal)–Bareilly (India) 400 kV double-circuit transmission line. Officials...
Minister for Energy, Water Resources and Irrigation, Kulman Ghising, met with India’s Minister of Power and Housing & Urban Affairs, Manohar Lal, in New Delhi on Wednesday to discuss ways to further strengthen bilateral cooperation in the power sector. The two ministers held strategic talks on advancing regional grid connectivity, enhancing cross-border electricity trade, and...
The Rasuwagadhi customs point has remained closed for three months after a flood in the Lhendhe River on July 9 washed away the bridge connecting Nepal and China. Construction of a new Bailey bridge over the river is still incomplete, and the Rasuwagadhi–Syabrubesi road remains blocked, keeping Nepal’s key northern trade route shut. According to...
KATHMANDU, Aug 12: The Government of India has agreed to purchase an additional 200 megawatts (MW) of electricity generated from five different hydropower projects in Nepal. With this agreement, Nepal’s total export capacity to India has reached 1,010.9 MW, combining the previously authorized 810.9 MW and the newly added 200 MW. Including the 40 MW...
Prime Minister KP Sharma Oli has said that Nepal is exporting 1,000 MW of electricity to India. Taking to social media , Prime Minister Oli shared that Nepal will earn Rs 80.027 billion by exporting the electricity to India. “We are exporting 1,000 MW of electricity to India. From this, Nepal will earn Rs 80.027...
KATHMANDU, Aug 15: The Millennium Challenge Corporation (MCC) Nepal Compact has officially resumed its work, with the Millennium Challenge Account-Nepal (MCA-Nepal) signing two major contracts to advance the compact’s Electricity Transmission Project on Thursday. Under the two contracts, transmission stretches connecting Ratamate-New Damauli and New Damauli-New Butwal will be installed. The jointly funded projects by...
The United States has completed a review of foreign aid for the Millennium Challenge Corporation (MCC) portfolio as part of alignment with the Trump administration’s ‘America First’ foreign policy. The new strategy, MCC explained in a press statement, will make the US ‘safer, stronger and more prosperous’. Further details are to follow after the MCC...