CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

220 kV Marsyangdi Corridor Transmission Line Project achieves only 65 percent progress

CEO Tab by CEO Tab
July 9, 2024
in Prime News
0
Land acquisition initiated for transmission line of Arun III
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

About 65 percent work of the 220 kV Transmission Line Project along the Marsyangdi Corridor has been completed so far. The project which started in 2018 was supposed to be completed in 2021. However, the construction has not been completed so far.

You might also like

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

The deadline for the completion of the project has been extended four times. As per the latest agreement, the project should be completed by July 2025. But, it hasn’t been confirmed whether the project will meet even this deadline.

Project Chief Naryan Regmi said that due to the coronavirus pandemic, the project could not be completed on time. Additionally, local’s intervention and geographical challenges also affected the work progress, Regmi said.

The corridor is being constructed to add 1,600 MW of electricity produced from the Marsyangdi basin and its supporting rivers to the national transmission grid.

Under the project, Manang-Khudi-Udipur-Markichok-Bharatpur 112 km long 220 kV double circuit transmission line is being constructed. According to Regmi, four sub-stations are being constructed in the corridor so far. Among them, two have been completed and two are in progress. Construction of Manang and Khudi substations is in progress, Regmi said. The work of the Udipur and Bharatpur substations has been completed.

After the preliminary Environmental Impact Assessment report passed by the Ministry of Energy, Water Resources and Irrigation in 2073 BS, the project’s work of Udipur-Bharatpur was started. European Investment Bank (EIB) and Nepal Electricity Authority have collaborated for this project. For this project, EIB has provided USD 95 million concessional loan.

The project has been divided in many sections and the work is being divided into Udipur-Markichok-Bharatpur and Manang-Khudi-Udipur sections. The contract of the Udipur-Markichok-Bharatpur section was awarded to Pinggao in 2018. Likewise, the contract for the transmission line of Manang-Khudi-Udipur sections and sub-stations in Dharapani and Khudi has been obtained by China’s TBEA company.

In the same way, the construction contract of the Udipur-Aaptare substation was obtained by Larsen and Toubro.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

by CEO Tab
April 29, 2026
0
Nepal’s Second Economic Census to Begin on March 15

Nepal’s economy is projected to reach Rs 6.6 trillion by the end of the current fiscal year (FY), marking an increase of Rs 401 billion, according to preliminary...

Read more

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

by CEO Tab
April 29, 2026
0
Nepal trails behind many countries in 13 global indices

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4....

Read more

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

by CEO Tab
April 29, 2026
0
NPC directs to carry out a feasibility study of tunnel in Myagdi

National Planning Commission (NPC) member Dr Sanjay Acharya has said the upcoming Fiscal Year (FY) 2026/27 budget will focus on strengthening good governance and laying the foundation for...

Read more

Nepal Launches One-Stop Digital Service Center to Streamline Investment Process

by CEO Tab
April 29, 2026
0
Investment Board to approve investment worth $10 billion  in 5 years

The Investment Board Nepal (IBN) has introduced a one-stop service center aimed at making investment procedures easier and more accessible for potential investors. The board has launched an...

Read more

Nepal’s Capital Gains Tax from Share Trading Falls by 36%

by CEO Tab
April 27, 2026
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent...

Read more
Next Post
Federal government expenditure at Rs 943.05bn

Government spends 52.2 % of capital budget

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.