renewable energy

Business | Finance | Economy

PM Prachanda Advocates Innovation and Investment at Nepal-EU Business Forum

May 15, 2024

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ addressed the Nepal-EU Business Forum on the momentous occasion of the 50th anniversary of Nepal-EU diplomatic relations, emphasizing the government’s commitment to fostering innovation, entrepreneurship, and facilitating investment processes. Speaking at the inauguration of the forum in Kathmandu, Prime Minister Dahal reiterated the government’s dedication to promoting a culture […]

Business | Finance | Economy

World Bank to Lead Funding for 1,063 MW Upper Arun Hydropower Project in Nepal

April 20, 2024

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. […]