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Nepal and India have agreed to develop a high-quality transmission line for cross border power trade. This agreement would be a crucial deal as the Government of Nepal has set an ambitious goal to generate 28,500 megawatts of electricity by 2035.
The Nepal Electricity Authority (NEA), the Embassy of France in Nepal, and Blue Water Intelligence (BWI) on Friday signed a memorandum of understanding (MoU) for the launch of the HydroNepal Project.
Construction of the Lower Solukhola Hydropower project has neared completion. The hydropower project of 82 megawatt capacity achieved 95 percent physical progress till date.
Investment of Rs 6.5 trillion is needed for producing 28,500 megawatts of electricity as per the government's target.
