Tag: Asian Development Bank
Nepal to grow by 3.6 percent in 2023-24, ADB says
The report projects annual average inflation to slide to 6.5 percent in the current fiscal year, ending mid-July, from 7.7 percent in the last...
Agreement reached to start construction of Upper Arun, Dudhkoshi hydel projects
Kathmandu, Apr. 12: The government and the main financial managers of Upper Arun and Dudhkoshi hydel projects - World Bank and the Asian Development Bank...
Development Partners Commit to Boosting Aid in Nepal’s Energy Sector
The Nepal Electricity Authority has requested Nepal's international development partners to increase assistance in the energy sector.
The NEA has requested Switzerland, the United Kingdom,...
Lower Seti Hydropower Project’s Annual Output Surpasses 520 Million Units
DAMAULI, Feb 3: The promoters of Tanahun-based 126-MW Lower Seti Hydropower Project have submitted the Environmental Impact Assessment (EIA) of the project to the...
Mutual Benefits: Internalizing Cooperation in South Asia
In recent years, the South Asian economy has sustained a robust average annual gross domestic product (GDP) growth rate of approximately 6 percent, significantly...
World Bank and Asian Development Bank Join Forces for Sustainable Development...
KATHMANDU, December 6, 2023 – The World Bank and the Asian Development Bank (ADB) announced collaboration to strengthen Nepal’s hydropower sector specifically in the...
Can Nepal harness its huge hydropower potential?
The government aims to produce over 28,000MW of electricity by 2035. But that requires massive resources.
As Nepal focusses on hydropower development to meet its...
ADB Commits $550 Million to Largest Dam Project in SAARC Region
The Asian Development Bank (ADB) has committed to invest in the 635 MW Dudhkoshi Reservoir Hydropower Project.
A team consisting of Managing Director of Nepal...
Powering Progress: Khurkot-New Butwal Transmission Line Enters Testing Phase
The Khurkot-New Butwal section of the Khurkot-New Butwal Transmission Line has been successfully tested. Following the completion of the section under the 220kV national...
JICA and Asian Development Bank’s Role in Tanahu’s Lower Seti Hydroelectric...
Tanahun. The Japan International Cooperation Agency (JICA) and the Asian Development Bank (ADB) have shown interest in the Lower Seti hydropower project to be...
