Nepal Govt to build Budhi Gandaki hydroelectricity project through a public limited company

Kathmandu: Nepal to build Budhi Gandaki hydroelectricity project through a separate company .The government has decided to set up a separate company to develop the Budhi Gandaki Hydropower Project, a storage-type hydropower project, which will be the country’s largest hydro project once it is built..

Minister for Energy, Water Resources and Irrigation Pampha Bhusal has taken a proposal to cabinet to open a public company for the construction of 1,200 MW Budhi Gandaki Hydropower Project.

A meeting of the Council of Ministers held Tuesday took such a decision on this reservoir-based project with the capacity of 1,200 megawatt at the proposal of the Ministry of Energy, Water Resource and Irrigation.

The project was stalled for long for delayed decision whether to construct the project with domestic investment or giving it to some foreign companies.