AIIB official meets Minister Shrestha

Summary

AIIB Director General Rajat Misra met Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha in Kathmandu to discuss energy-sector development and disaster preparedness. The minister urged continued support for transmission lines, substations and Nepal’s goal of generating 30,000 megawatts over the next decade.

Key Points
  • AIIB Director General Rajat Misra met Minister Biraj Bhakta Shrestha in Kathmandu.
  • Their talks focused on advancing Nepal’s energy sector and improving disaster preparedness and early warning systems.
  • Shrestha said AIIB-backed projects include transmission lines and substation expansion in several districts across Lumbini and Karnali.
  • He also called for further support to help Nepal reach its target of generating 30,000 megawatts of electricity.
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