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DADELDHURA, Jan 12: Minister for Foreign Affairs, NP Saud, said that the Joint Boundary Working Group was working to resolve the border issues between Nepal and India.
Opposition leaders rap decision to allow Indian funding for small projects saying that it violates constitution.
SJVN Ltd. has received approval from the Department of Investment and Public Asset Management to set up four joint venture companies with the Ministry of Power. The four companies will be formed for the development of hydro and renewable projects in India and Nepal, according to the exchange filing issued on Monday.
KALIKOT, Nov 27: Licenses have been issued to conduct the feasibility studies of hydropower projects to generate about 6,000 megawatts of hydropower in Karnali Province. However, the production so far is only about 17 MW. Although licenses have been allotted for the construction of projects, the work of most of the projects is slow.
In a significant development for the Nepal-India power trade, the Indian government has officially given approval to purchase 10,000 megawatts of electricity from Nepal. This landmark decision comes after several months of discussions and negotiations, and it holds immense potential for the energy sector and economic development in both nations.