KATHMANDU: Prime Minister Sher Bahadur Deuba has expressed his belief that the 750 MW West Seti and 450 MW Seti River-6 hydropower projects would contribute significantly to the socio-economic development of Sudurpaschim Province.
[caption id="attachment_27647" align="alignnone" width="1000"]
Prime Minister Sher Bahadur Deuba addresses the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
Addressing the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in the capital, Prime Minister Deuba said all kinds of support will be provided from the government for the project development as it is making maximum efforts to create an investment-friendly environment in the country. He also urged the agencies concerned to complete the project on time, which has been in discussion for 40 years.
Prime Minister Deuba recalled his visit to India last April where an important agreement was inked between the two countries on the exchange of cooperation in the energy sector. He also shared that there was an important discussion on the development of this project during the visit of Indian Prime Minister Narendra Modi to Lumbini.
He said that the Indian market is now open for electric power trade and exports have already started. He also expressed his belief that it would expand in the days to come.
[caption id="attachment_27649" align="alignnone" width="1000"]
Sushil Bhatta, Chief Executive Officer of IBN, and Abhay Kumar Singh, Chairman and Managing Director of Indian company NHPC sign a memorandum of understanding (MoU) in presence of Prime Minister Sher Bahadur Deuba at a signing ceremony held in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
In the presence of Prime Minister Deuba, the MoU was signed between Sushil Bhatta, Chief Executive Officer of IBN and Abhay Kumar Singh, Chairman and Managing Director of Indian company NHPC.
[caption id="attachment_27646" align="alignnone" width="1000"]
Sushil Bhatta, Chief Executive Officer of Investment Board Nepal (IBN), addresses the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
Finance Minister Janardhan Sharma, Minister for Energy, Water Resources and Irrigation Pampha Bhusal, Minister for Industry, Commerce and Supplies Dilendra Prasad Badu, Minister for Forests and Environment Pradeep Yadav, Chief Minister of Sudurpaschim Province Trilochan Bhatta and others were present in the programme.
READ ALSO:
Prime Minister Sher Bahadur Deuba addresses the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
Addressing the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in the capital, Prime Minister Deuba said all kinds of support will be provided from the government for the project development as it is making maximum efforts to create an investment-friendly environment in the country. He also urged the agencies concerned to complete the project on time, which has been in discussion for 40 years.
Prime Minister Deuba recalled his visit to India last April where an important agreement was inked between the two countries on the exchange of cooperation in the energy sector. He also shared that there was an important discussion on the development of this project during the visit of Indian Prime Minister Narendra Modi to Lumbini.
He said that the Indian market is now open for electric power trade and exports have already started. He also expressed his belief that it would expand in the days to come.
[caption id="attachment_27649" align="alignnone" width="1000"] Sushil Bhatta, Chief Executive Officer of IBN, and Abhay Kumar Singh, Chairman and Managing Director of Indian company NHPC sign a memorandum of understanding (MoU) in presence of Prime Minister Sher Bahadur Deuba at a signing ceremony held in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
In the presence of Prime Minister Deuba, the MoU was signed between Sushil Bhatta, Chief Executive Officer of IBN and Abhay Kumar Singh, Chairman and Managing Director of Indian company NHPC.
[caption id="attachment_27646" align="alignnone" width="1000"] Sushil Bhatta, Chief Executive Officer of Investment Board Nepal (IBN), addresses the signing ceremony of a memorandum of understanding (MoU) between the Investment Board Nepal (IBN) and the Indian company NHPC, in Kathmandu, on Thursday, August 18, 2022. Photo: RSS[/caption]
Finance Minister Janardhan Sharma, Minister for Energy, Water Resources and Irrigation Pampha Bhusal, Minister for Industry, Commerce and Supplies Dilendra Prasad Badu, Minister for Forests and Environment Pradeep Yadav, Chief Minister of Sudurpaschim Province Trilochan Bhatta and others were present in the programme.
READ ALSO:
Published Date: August 19, 2022, 12:00 am
Post Comment
E-Magazine
Click Here To Read Full Issue
RELATED B360 National
