Investment Board approves Rs 8.84 billion for Lower Apsuwa Hydropower Project
Summary
The Investment Board has approved an Rs 8.84 billion investment for the 54 MW Lower Apsuwa Hydropower Project and other major infrastructure projects were discussed during the 65th board meeting chaired by Prime Minister KP Sharma Oli.
Key Points
- Investment Board approved Rs 8.84 billion for the 54 MW Lower Apsuwa Hydropower Project.
- A negotiation committee will be formed for discussions on the 800 MW West Seti Hydropower Project.
- CEO authorized to submit feasibility reports and grant permits for Panchkhal Special Economic Zone and Kathmandu–Hetauda–Birgunj Podway Project.
- Feasibility and environmental studies approved for a new alignment of the transmission line of the 900 MW Upper Karnali Hydropower Project.
