Investment Board approves investment worth Rs 8.84 billion

Key Points

• The Investment Board of Nepal approved an investment of Rs 8.84 billion for the 54 MW Lower Apsuwa Hydropower Project.
• A committee led by the CEO will be formed to discuss the West Seti Hydropower Project's development agreement and financing.
• The CEO was tasked to present the feasibility report for the Kathmandu-Hetauda-Birgunj podway project and development of Panchkhal Special Economic Zone.
• Approval was given to Karnali Transmission Company for environmental and feasibility studies on a transmission line for the 900 MW Upper Karnali Hydropower Project.