Nabil fails to cash hydel project bond from Chinese bank
Himalayan Bank, Bank of Kathmandu, and Investment Bank faced similar issues in the past in China and Italy.
Source: kathmandupost.com
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NEA plans to fund big hydro and transmission projects through IPO
It aims to raise Rs70 billion. The initial public offering proposal has reached the Cabinet for approval.
Source: kathmandupost.com
Reliance Power: Reliance Power to sell 1,200 MW Kalai II hydropower project in Arunachal to THDC India
The Governor of Arunachal Pradesh, Kalai Power Private Ltd (a subsidiary of the company), and THDC India Ltd (THDC) have inked an agreement in this regard on December 30, 2023. Under the pact, there will transfer of the development rights and associated physical assets, studies, clearances, designs and intellectual properties of the proposed 1,200 MW Kalai-II hydroelectric project located at the Lohit river basin of Arunachal Pradesh to THDC for an aggregate consideration of Rs 128.39 crore, subject to certain indemnities, representations and covenants, it stated.
Source: indiatimes.com
Three Chinese hydel projects get ECC approval after a one year wait - Business
These projects are also covered under the 2002 Power Policy incentives, concessions and protections.
Source: dawn.com
Arunachal govt inks agreement for Rs 13,000 crore hydropower project in Lohit basin
Itanagar, Dec 30 (PTI) The Arunachal Pradesh government on Saturday signed an agreement with the Tehri Hydropower Development Corporation India Ltd (THDCIL) for developing the 1,200-mw Kalai-II hydroelectric project in the Lohit river basin at a cost of Rs 13,000 crore.
Source: deccanherald.com