Tag: Upper Karnali hydropower project
Investment Board Approves Rs 21.17 Billion for Two Hydropower Projects
Kathmandu: The 68th meeting of the Investment Board Nepal, chaired by Prime Minister Balendra Shah, has decided to approve investments of more than Rs...
GMR Reignites Upper Karnali Hydropower Development After 18 Years
Nearly two decades after it was first proposed, Indian multinational conglomerate GMR has finally started the process for construction of the 900-megawatt Upper Karnali...
Future of Nepal-Bangladesh Power Trade Uncertain as India Corridor Raises Concerns
The fate of importing 500 megawatts (MW) of electricity from Nepal's 900MW Upper Karnali Hydropower project is hanging in the balance as government is...
IREDA’s Investment Rejected, GMR Plans Changes in Shareholding Structure
Kathmandu: The share structure of the Upper Karnali Hydropower Project, being constructed by the Indian company Gandhi Mallikarjun Rao (GMR), is set to change.
GMR's...
IREDA Shares Fall as RBI Rejects Equity Investment in Nepal Hydro...
Indian Renewable Energy Development Agency's (IREDA) dropped 1.20% to Rs 147.90 after the Reserve Bank of India (RBI) rejected the company's request for equity...
Cabinet Grants Extension Only for Time Lost Due to Supreme Court’s...
Kathmandu — The government has extended the deadline for the 900 MW Upper Karnali Hydropower Project, which was awarded construction permission to the Indian...
Nepal Steps Closer to Exporting Domestic Power with Bangladesh Deal
KATHMANDU, Feb 22: In a bid to materialize its effort to sell domestically produced electricity to third countries, Nepal is finalizing a deal with Bangladesh.
In...
Nepal’s Industrialists Challenge Energy Policies Amid Discussions of Transboundary Energy Transition
Industrialists in Nepal have expressed their concern over the implementation of demand-side management (DSM) by the Nepal Electricity Authority (NEA). The DSM measures, which...
Nepal PM Envisions a Milestone Long-Term Energy Pact with India
A long-term energy deal between Nepal and India, to be signed during the upcoming visit of India's External Affairs Minister S. Jaishankar, will be...
Financial closure plan to be ready by 2020
September 27, 2019
Kathmandu: GMR, developer of the 900-megawatt Upper Karnali Hydropower Project, is trying to complete the ground works for financial closure of the...
