Tag: World Bank

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...

Business Buzz Nepal: Quick Economic Updates

KATHMANDU: Economic Digest offers a concise yet comprehensive overview of significant business happenings in Nepal, presented in easily digestible summaries. NEPSE Index experiences minor 0.19%...

Climate Justice Takes Center Stage: Nepal’s Plea at IDA21 Summit

Prime Minister Dahal urged the global lenders for climate justice and compensation, emphasising the global community’s shared responsibility in addressing the loss and damage...

World Bank’s Senior MD Trotsenberg Meets with Finance Minister Pun to...

Senior Managing Director of the World Bank, Axel van Trotsenberg, met with Finance Minister Barshman Pun today at the Ministry of Finance in Singha...

How World Bank support for a dam kept the lights on...

By PRAVIN KARKI & DEEPAK SUBEDI  JUNE 03, 2024 Since 1982, the Kulekhani hydropower dam has played a key role in Nepal’s development. Co-financed by the World...

World Bank Supports Green Development in Nepal with New Financial Sector...

WASHINGTON, May 7: The World Bank’s Board of Executive Directors has approved an $80 million development policy credit for Nepal to strengthen the stability...

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