The 57th Board meeting of the Investment Board Nepal chaired by Rt. Hon’ble Prime Minister Mr. Pushpa Kamal Dahal ‘Prachanda’ approved investments worth NPR 99.20 billion for four energy projects- Super Tamor, Upper Modi A, Lower Manang HEPs & 250 MW Solar Energy Project. Further, the Board instructed the concerned agencies to convene Nepal Investment Summit 2024 effectively.
The approved projects include:
- The 166-megawatt Super Tamor Project (Rs 34.59 billion)
- The 42-megawatt Upper Modi-A Project (Rs 10.08 billion)
- The 250-megawatt Solar Plant Kohalpur and Banganga (Risen Energy Singapore- Rs 21.10 billion)
- The 139.2-megawatt Lower Manang Marsyangdi Hydro Electricity Project (Rs 33.41 billion).
The IBN stated that the Solar Plant Project and the Lower Manang Marsyangdi project are foreign investment ventures.