MCA-Nepal Signs $154.5 Million Contracts to Advance Electricity Transmission Project
Summary
MCA-Nepal has signed contracts worth $154.5 million to advance a major electricity transmission project funded by Nepal and the U.S. under the Millennium Challenge Compact, aiming to improve infrastructure and regional power trade.
Key Points
- MCA-Nepal signed two contracts worth $154.5 million for the Electricity Transmission Project under the Nepal-U.S. Millennium Challenge Compact.
- The contracts cover design, installation, testing, and commissioning of 180 kilometers of high-voltage transmission lines.
- The agreements were signed in the presence of officials from MCA-Nepal, MCC, the U.S. Embassy, Nepal’s Ministry of Finance, and the Nepal Electricity Authority.
- The MCC Nepal Compact represents a $697 million investment to boost Nepal’s infrastructure, enhance energy trade, and support economic growth.
Other Coverage of This Story
MCA-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 10:03MCA-Nepal signs $154.5 million contracts for electricity transmission project
kathmandupost.comMCA-Nepal signed $154.5 million contracts for electricity transmission projects aimed at improving power connectivity and regional energy trade in Nepal, …
Aug 14, 2025 07:30