MCA-Nepal signs $154.5 million contracts for electricity transmission project
Summary
MCA-Nepal signed $154.5 million contracts for electricity transmission projects aimed at improving power connectivity and regional energy trade in Nepal, supported by US investment.
Key Points
- MCA-Nepal signed two contracts worth approximately $154.5 million for electricity transmission projects under the MCC Nepal Compact.
- The projects involve constructing 180 kilometres of high-voltage transmission lines spanning Ratmate-New Damauli and New Damauli-New Butwal.
- The signing ceremony included representatives from MCA-Nepal, MCC, US Embassy, Ministry of Finance, and Nepal Electricity Authority.
- The MCC Nepal Compact is a $697 million investment aimed at boosting Nepal's economic development through infrastructure improvements and enhanced regional power trade.
Other Coverage of This Story
MCA-Nepal Signs $154.5 Million Contracts to Advance Electricity Transmission Project
sharesansar.comMCA-Nepal has signed contracts worth $154.5 million to advance a major electricity transmission project funded by Nepal and the U.S. …
Aug 15, 2025 06:16MCA-Nepal signs two major contracts worth $154.5 million
myrepublica.nagariknetwork.comMCA-Nepal has signed two contracts worth $154.5 million to advance the Electricity Transmission Project, co-funded by Nepal and the US, …
Aug 14, 2025 10:27MCA-Nepal signs US$ 154.5 million contracts for electricity transmission project
nepalkhabar.comMCA-Nepal signed two major contracts worth US$154.5 million for the design and installation of high-voltage electricity transmission lines under the …
Aug 14, 2025 10:03