Upper Karnali Project’s dispute moved to constitutional bench
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 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.
The company has been dillydallying the assignment for the past few years, yet the government seems helpless to do anything except extending the time.
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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, August 21: Developers of Arun III and Upper Karnali can now use local forest land by paying lease fee as stated in the Project Development Agreement (PDA), which was signed in 2014.