IBN grants permission to issue license for Lower Arun Hydropower Project
Summary
Investment Board Nepal approved the draft license for the 669 MW Lower Arun Hydropower Project and authorized issuing the license. It also approved investment proposals for Arun-3 and an Eco-Industrial Park project.
Key Points
- Investment Board Nepal approved the draft license for the 669 MW Lower Arun Hydropower Project.
- The 66th IBN meeting was chaired by Prime Minister KP Sharma Oli.
- IBN authorized its CEO to issue the license for the Lower Arun project.
- IBN approved the draft for direct investment in Arun-3 Hydropower Project and recommended it to the cabinet.
