The Supreme Court has barred the government from extending the deadline for the financial closure of the 900-megawatt Upper Karnali Hydropower Project. Making public the full
Standing committee member of the ruling Nepal Communist Party (NCP), Bhim Rawal, has said the government should construct the Upper Karnali Hydropower Project on its own.
KATHMANDU, Jan 3: The hearing on the dispute of the 900-megawatt Upper Karnali Hydropower Project has now been transferred to the constitutional bench.
The company has been dillydallying the assignment for the past few years, yet the government seems helpless to do anything except extending the time.
The post Nepal to give GMR 2 yrs to generate funds for Upper Karnali Hydropower Project appeared first on OnlineKhabar English News.
KATHMANDU, Nov 13: A meeting of Investment Board Nepal (IBN) has extended the term of Arun-III Hydropower Project and Upper Karnali Hydropower Project for financial closure.
KATHMANDU, July 5: Acquiring a piece of forest land of 273 hectares at the project site has become a stumbling block for the 900 MW Upper Karnali Hydropower Project.
Providing the forest land to the project is an obligation of the Government of Nepal as per the Project Development Agreement (PDA) signed in 2014.
