President Bidya Devi Bhandari stressed on the need for developing infrastructures to promote economic development wherein harnessing of hydropower is significant in infrastructure development and also the base for prosperity.While inaugurating Nepal Power Investment Summit organized by Energy Development Council (EDC) in Kathmandu on Saturday, she also urged the investors to invest in the hydropower sector.
The ambassador of Japan to Nepal Masashi Ogawa and Man Bahadur BK, Chairman of the Ward No. 2, Gharapjhong Village Municipality, on Thursday signed a grant agreement to construction of an embankment along the Kali Gandaki River in Marpha, Mustang District.
The Government of Japan has agreed to extend a Grant Assistance of 350 million yen (¥350,000,000), equivalent to about Rs 324.8 million, to Nepal for implementing the Food Assistance Program in Japan’s fiscal year 2017.
China has donated over 32,000 solar power generating systems to Nepal to enhance its domestic capacity and to provide electricity to communities that have been without power since the 2015 earthquake.The donated items included 32,000 sets of household solar power generation systems and 325 sets of solar power generation systems.
The West Seti Hydropower project's fate seems to be hanging on uncertainty as the Chinese developer and Nepal Electricity Authority (NEA) has not been able to finalize the Power Purchasing Agreement (PPA) rate.
The Indian Company has got the contract of Dhalkevar Sub-station. Nepal Electricity Authority had broken the contract of 2 20 KV line with Chinese company Central China Power (CCPG) as the latter started making the unnecessary demand.
The West Seti Hydropower project's fate seems to be hanging on uncertainty as for the Chinese developer and Nepal Electricity Authority (NEA) has not been able to finalize the Power Purchasing Agreement (PPA) rate. China Three Gorges International Corporation could be the second Chinese firm to return after China’s Gezhouba Group's agreement being scrapped by the government claiming that the deal is not transparent.
The Nepal Army (NA) is planning to prepare the detailed project report (DPR) of the Kathmandu-Terai Madhes expressway on its own. At a press meet organized by the NA at its headquarters to share information about the progress so far on the project implementation on Tuesday, project deputy chief brigadier general Surya Prasad Khanal said that the NA, though earlier was planning to buy the DPR from Indian company IL&FS, now is preparing the DPR on its own.
Chameliya Hydropower Project has added 15 megawatts (MW) of electricity to the national grid from Friday.Funded by the government and Republic of Korea through Economic Development Corporation Fund (EDCF), the hydropower project has been delayed due to various reasons and took 10 years to complete.
The people of Jimi and Naram in Gulmi district now no longer have to travel long distances to collect drinking water as water from a source near the river has been pumped up and supplied in the settlements using solar power.Besides availing of the drinking water facility, the locals of the two villages have also started earning money by irrigating their vegetable crop with this water.
Asian Development Bank (ADB) operations - comprising approvals of loans and grants, technical assistance (TA), and cofinancing -reached $28.9 billion in 2017 in its continued efforts to help meet Asia and the Pacific’s development needs, according to preliminary figures released on Friday.
China has partnered with UNDP Nepal to provide US$ 4 million to support recovery efforts in Terai region affected by one of the worst floods in recent history. The assistance provided under the framework of the Chinese South Cooperation Assistance Fund will reach31,800 households in Sunsari, Saptari, Sarlahi, Dhanusha, Mahottari, Rautahat and Parsa districts of Provinces 1 and 2. This assistance comes in response to the extensive damage and displacement caused by the 2017 floods in the country’s south.
UNESCO has shown concern on the construction of a commercial complex at the Hanumandhoka World Heritage Site. Issuing a press note, it said that UNESCO did not stop or allow constructions on or around a World Heritage Sites. "This is the role of the national authorities concerned, the Kathmandu Metropolitan City and Department of Archaeology," it said, adding, "When UNESCO receives information with concerns on World Heritage Sites, it verifies the information with the concerned parties."
An international conference is scheduled to be organized here from March 23 to 25 to solicit suggestions from the experts after discussing with them on the multi-faceted aspects of rural development.The conference is being hosted by the Tribhuvan University (TU)’s Central Department of Rural Development.