Tag: World Bank

Hydropower Project Issues Must Be Resolved Through Coordination and Consensus: Minister...

Kathmandu: Minister for Energy, Water Resources and Irrigation Kulman Ghising has stated that issues related to private land, forest areas, and local communities that...

NEA to Issue Rs 20 Billion Energy Bonds for Major Hydropower...

Kathmandu: The board of directors of the Nepal Electricity Authority has decided to issue energy bonds worth 20 billion rupees. The meeting held yesterday...

Singapore President Urges Nepal to Invest in Human Capital, Infrastructure, and...

Finance Minister Rameshore Prasad Khanal has met with the President of Singapore, Tharman Shanmugaratnam, on the sidelines of the World Bank Group's annual meeting...

Ethiopia Inaugurates Africa’s Larges Hydroelectric Dam

Ethiopia officially inaugurated Africa’s largest hydroelectric dam on Tuesday, a project that will provide energy to millions of Ethiopians while deepening a rift with...

World Bank approves USD 257 million loan to Nepal

The World Bank (WB) has approved a loan totaling $257 million aimed at enhancing electricity distribution services and improving irrigation services to boost agricultural...

The Increasing Financial Strain of the Rani Jamara Kulariya Irrigation Project

Dhangadhi — The procurement master plan of the Rani Jamara Kulariya Irrigation Project has increased from NPR 12 billion to NPR 29 billion over...

India Approves Upper Arun Hydropower Project, World Bank Poised to Invest

January 30, Kathmandu: India has expressed a positive stance toward advancing the 1,063 MW Upper Arun Project, which Nepal plans to develop with financial...

Nepal Calls for Global Investment in Hydropower Development

Kathmandu, Jan. 22: Minister for Energy, Water Resources and Irrigation Deepak Khadka has urged donor agencies to invest in the hydropower sector. Minister Khadka...

Nepal Seeks World Bank Support to Fast-Track Upper Arun Hydropower Project...

KATHMANDU, Nov 13: Nepal has requested the World Bank (WB) to take forward the financial management of the Upper Arun Hydroelectric Project citing the...

Nepal’s $1.8 Billion Upper Arun Hydropower Project Stalls Amid Financing Uncertainty

Last October, upon returning from the annual meetings of the International Monetary Fund (IMF) and the World Bank Group in Morocco, Finance Minister Prakash...

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