nepal power sector
First MCC construction contract awarded – Butwal Substation Deal Signed
In a significant stride towards bolstering Nepal’s energy infrastructure and facilitating cross-border energy trade, the Millennium Challenge Account-Nepal (MCA-Nepal) has inked a contract agreement for the construction of the New Butwal Substation. This pivotal project is being funded through a grant from the US Mission Millennium Challenge Corporation (MCC), marking the first construction contract under […]
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Nepal’s Renewable Energy Beckons Global Investors
In a compelling call to action, Nepal’s Minister of Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has urged both domestic and foreign investors to participate in the government’s ambitious campaign to harness the country’s abundant renewable resources. Addressing a session titled ‘Navigating Nepal’s Renewable Energy Potential’ at the 3rd Nepal Investment Summit-2024, the minister […]
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