Kathmandu: The Investment Board of Nepal on Monday gave the nod to India’s state-owned NHPC Limited to study and develop 1,200MW hydropower projects in western Nepal. The projects include 750MW West Seti Hydropower Project and 450MW Seti River (SR-6), a joint storage project.
The 52nd board meeting of the Investment Board, chaired by Prime Minister Sher Bahadur Deuba, took a decision to this effect, according to the Investment Board Nepal.