hydropower potential
Nepal Attracts Foreign Investment, China & India Offer Incentives
Nepal’s capital Kathmandu recently hosted the third Nepal Investment Summit, attracting over 1,100 foreign participants, predominantly from neighboring giants China and India. The summit aimed to showcase Nepal as an emerging destination for private sector investment and highlight recent reforms to enhance the investment climate. In a significant move, China announced the exemption of visa […]
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World Bank to Lead Funding for 1,063 MW Upper Arun Hydropower Project in Nepal
In a significant development, the World Bank has agreed “in principle” to spearhead the financing efforts for the ambitious 1,063 MW Upper Arun hydropower project in Sankhuwasabha, Nepal, announced the Finance Ministry on Friday. The Upper Arun project, situated along the Arun River in eastern Nepal, is projected to require an investment of $1.71 billion. […]
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