Are the stalled Nepal-China ties finally getting some momentum? Deputy Prime Minister and Minister for Foreign Affairs Narayan Kaji Shrestha has some ideas on that score. Shrestha says he has proposed building Nepal-China economic and development corridors with Chinese officials. The objective, he said, is to boost economic growth, trade, tourism, and connectivity between Nepal...
Nepal and India on Thursday undertook a comprehensive review of the status of bilateral ties and discussed a wide range of issues of mutual concern during the seventh meeting of Nepal-India Joint Commission held in Kathmandu. Foreign Minister NP Saud and his Indian counterpart S Jaishankar co-chaired the meeting, where the two sides discussed trade...
Nepal will have a chance to export more hydroelectricity to India as the southern neighbour introduces a new rule allowing Indian distributors to incorporate imported hydropower into the renewable energy quota set for them. In a new notification issued last week, India’s power ministry set a new quota of renewable energy that distribution companies should...
India has agreed in principle to invest more for the development of the Pancheshwar Multipurpose Project, a move that could pave the way for the development of the mega bilateral undertaking, according to a senior official at the Ministry of Energy, Water Resources and Irrigation. With the southern neighbour benefiting more from the project’s development,...
Chinese Ambassador to Nepal Chen Song has said that Chinese airlines are preparing to launch direct flights to the newly-built airports in Pokhara and Bhairahawa. In response to the request made by Finance Minister Barsha Man Pun at his office in Singha Durbar on Tuesday, Ambassador Chen underlined the need for permits for an air...
Building a pair of Nepal-China cross-border transmission lines will again be on the agenda of a bilateral Joint Working Group meeting scheduled for later this month, two officials of the Nepal Electricity Authority said. The meeting of the Joint Working Group comprising representatives of the NEA and the State Grid Corporation of China is scheduled...
Amid criticism that Chinese-funded projects have not made desired progress in Nepal and Beijing has failed to adhere to past agreements and accords, China has recently communicated its intent to expedite at least half a dozen projects across multiple sectors.“During a meeting this week with Prime Minister Pushpa Kamal Dahal, Chinese Ambassador to Nepal Chen...
Abhishek DeyTIMESOFINDIA.COMUpdated: Jan 13, 2024, 19:02 IST ISTEven though China and India have long jostled for influence in Nepal, and have invested billions of dollars in hydro projects over the last decade, the dynamics now seem to be shifting in New Delhi’s favour due to a policy shift in 2018 India and Nepal signed a...
KATHMANDU, Jan 19: Three companies have been selected on the basis of provisional proposals for the construction of the 42 MW Upper Modi ‘A’ Hydropower Project. The technical proposals from GICGCL/RCC JV, SSCE/Himalaya JV and Sino Hydro/Sai JV received in response to the tender called by Modi Hydropower Company have been passed. Each of the...
DAILEKH, Jan 22: Eighty percent work progress has been reported in a final survey for the exploration of petroleum products in Dailekh. This survey based in Bhirkhet, the project’s main point, is said to be decisive for the exploration. For the final survey, 45 ropanis of land (one ropani is equivalent to 5476 sq. ft.)...