During the past year, 20 hydropower projects larger than 1 MW have started commercial production.
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The Investment Board Nepal (IBN) has approved an investment equivalent to Rs 36.37 billion for the development of four hydropower projects.
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Bangladesh says it is keen to invest in some Nepal hydropower projects.
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Nepal has awarded a contract to study and build two key hydropower projects in the country to an Indian company.
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Nepal and India have agreed to develop large hydropower projects in Nepal through joint investments, the Ministry of Energy, Water Resources and Irrigation said on Thursday.