Nepal approves investment proposal from India’s SJVN for 669 MW Lower Arun hydropower project

Nepal approves investment proposal from India’s SJVN for 669 MW Lower Arun hydropower project

Daily Current Affairs / Nepal approves investment proposal from India’s SJVN for 669 MW Lower Arun hydropower project

Change Language English Hindi

Category : Science and Tech Published on: April 17 2023

Share on facebook

The Investment Board of Nepal has approved the investment proposal from India’s Satluj Jal Vidyut Nigam (SJVN) to build a 669 Mega Watt Lower Arun Hydro project in Nepal.
The investment proposal from SJVN worth 92.68 billion Nepali Rupees was given approval in the 53rd meeting of the Investment Board chaired by Nepal’s Prime Minister Pushpa Kamal Dahal.
This is the third project undertaken, all through negotiation windows, on the Arun River after the 900 MW Arun-III and 695 MW Arun-IV hydroelectricity projects. The three projects will generate nearly 2,300 MW of electricity from the river in the Sankhuwasabha district.
Earlier, the Investment Board of Nepal and India’s SJVN signed an agreement for the development of the Arun-III hydropower project in November 2014 according to which Nepal will receive Rs 348 billion over 25 years.

Recent Post's

Lt. Gen. Pushpendra Singh to take over as Vice Chief of Army Staff on Friday.
Read More....
Shubman Gill becomes highest run-scorer as Indian Test captain in a single series with 743 runs.
Read More....
From August 1, PSBs allowed to transfer unclaimed assets to IEPF under amended Banking Laws.
Read More....
Cabinet approves four multi-tracking railway projects worth ₹11,169 crore across six states.
Read More....
DPIIT signs MoU with Roche India to support healthcare startups in critical therapeutic areas.
Read More....
Eminent economist and author Lord Meghnad Desai passes away at age 85.
Read More....
ISRO scientist A. Rajarajan appointed Director of Vikram Sarabhai Space Centre from August 1.
Read More....
Khalid Jamil becomes first Indian in 13 years to be appointed head coach of Indian men's football team.
Read More....
Indian Navy receives third Project 17A stealth frigate ‘Himgiri’ from GRSE, Kolkata.
Read More....
World Breastfeeding Week 2025 to be observed from August 1 to 7 with focus on healthcare system support.
Read More....