MCA-Nepal signs US$ 154.5 million contracts for electricity transmission project

Summary

MCA-Nepal signed two major contracts worth US$154.5 million for the design and installation of high-voltage electricity transmission lines under the US-funded MCC Nepal compact, enhancing power reliability and regional trade.

Key Points
  • MCA-Nepal awarded contracts worth US$154.5 million for two high-voltage transmission lines.
  • Contracts were signed with Angelique-Skipper JV and Waiba-Salasar JV through international bidding.
  • Officials from Nepal’s Finance Ministry, Nepal Electricity Authority, MCC, and US Embassy attended the ceremony.
  • The MCC Nepal Compact aims to strengthen infrastructure and promote cross-border energy trade in Nepal.
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