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Singati signs funding pact

On August 8, 2015 by admin

KATHMANDU, AUG 08 – Singati Hydro Energy on Friday signed an agreement with financial institutions for the construction of the 16MW Singati hydropower project based at Waware of Dolakha district. A consortium of...

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Belgian Company – BIO – enters Nepalese hydropower market

On August 6, 2015 by admin

Belgian Investment Company for Developing Countries (BIO) has entered into Nepalese hydropower. It is going to invest US $ 20 million in the 82 MW lower Solu hydropower (one of the super six...

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U.S. Government & Deloitte to Supports Expansion of Nepal’s Hydropower

On July 14, 2015 by admin

The U.S. Embassy, through the U.S. Agency for International Development (USAID), today announced the launch of the Nepal Hydropower Development Project (NHDP). This five-year, $9.8 million project implemented by Deloitte Consulting LLP will...

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Energy sector attracts Rs54b in FDI pledges

On June 21, 2015 by admin

With some landmark agreements over the last few years, energy has become the most lucrative sector in Nepal for foreign direct investment (FDI). The signing of the Project Development Agreement (PDA) of two...

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Better Than Cash Alliance ATM

In line with strategy to mature into an emerging economy, Nepal joins the Better Than Cash Alliance

On April 21, 2015 by admin

Government aims for economic growth and women’s empowerment through digital payments initiative NEW YORK and KATHMANDU, Nepal, April 16, 2015 /PRNewswire/ — As part of its national vision to graduate from its Least...

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Target Seven-nation Power Grid

On March 19, 2015 by admin

A Bimstec meeting yesterday finalised a draft deal to set up power grid connections for electricity trade among its seven member countries — Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. “After...

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