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Indian company selected for project development

Radio Nepal 30 Jan, 2021 2:28 pm

January 30, Kathmandu: The SJVN Limited of India has been selected to prepare the project framework for the Lower Arun Hydropower Project.

The framework for the project will be developed as Build, Own, Operate, and Transfer (BOOT) model under the public-private partnership framework.

A decision to this end was taken by a meeting on Friday of the Investment Board of Nepal chaired by Prime Minister KP Sharma Oli.

At the meeting, the Prime Minister and Chair of the Board Oli said that a plan should also be developed to increase power consumption along with production, for which the infrastructure projects need to be implemented on time.

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