The meeting of the Energy Secretaries of Nepal and India has been convened after the two countries agreed to speed up works on the project during Prime Minister KP Sharma Oli’s recent state visit to India.
Energy Secretary Suman Prasad Sharma said that it was agreed in talks between Prime Minister Oli and his Indian counterpart Narendra Modi and the Indian Energy State Minister Piyush Goyal to speed up the works on the Pancheshwar Project.
He said the progress on the DPR of the Pancheshwar Project, the program and budget for 2016 and the framework of the Authority are to be discussed in the meeting. The project has the installed capacity of generating 6,690 megawatts power besides providing irrigation facilities to Kanchanpur district on Nepal side and some Indian territory.
The project had remained stalled for the last 23 years.