Investment proposals worth Rs 1.7 trillion await approval for Nepal hydropower development

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Investment proposals worth Rs 1.7 trillion await approval for Nepal hydropower development » Meroshare

Because of unfavorable policy, investment proposals totaling Rs 1.7 trillion in hydropower development in Nepal have been sitting on the table for the past three years, awaiting approval.

It has been three years since the government of the United Arab Emirates authorized any investment proposal put up by a private enterprise in the country. Some stakeholders, such as the Nepal Electricity Authority, fear that the impasse will likely have a negative influence on the demand-supply balance and the potential international market for Nepalโ€™s hy

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