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

Budhigandaki project to be constructed under ‘EPCF’ modality

CEO TAB by CEO TAB
June 25, 2019
in Prime News
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, June 25: The government has made it clear that works on the Budhigandaki Hydroelectricity Project have been pursued with the concept of moving forward the project as per the engineering, procurement, construction and financing (EPCF) modality.

You might also like

Delays Push National Pride Projects’ Costs Up by Over 113 Percent

Birgunj Customs Imports Rise 15% to Rs 794.87 Billion in 10 Months

Nepal Officially Defers Graduation from Least Developed Country Status

The project with a capacity of generating a total 1200 megawatts power is a ‘national pride’ project. The construction cost of the project is Rs 273 billion. The Ministry of Energy, Water Resources and Irrigation has held discussions with the Chinese Gezhouba Engineering and Construction Company three times regarding the development of the project since last September as per the decision of the Council of Ministers to give this responsibility to the Ministry.

However, no bilateral talks have been held between the Ministry and the Ghezouba Company lately. Addressing the various queries related to the various topics concerning the Ministry raised by the lawmakers in the meeting of the House of Representatives on Monday (June 24) in course of deliberations on the Appropriation Bill, 2076, Energy Minister Barshaman Pun reiterated that the Ministry has the concept of developing mega projects like the Budhigandaki Project as per the national interests.

He said the construction of the Project would be started by selecting an appropriate construction modality as it is an important and strategically significant project. He denied that there was any power play and behind the scene machinations regarding awarding the contract of the project.

The Minister urged the lawmakers not to doubt any foul play in the Project as it would be moved forward keeping the national interest in the centre. Stating that the government was thinking of moving ahead the construction of big and reservoir-type hydroelectricity projects by selecting construction companies with good track record, he said, “Additional around 200 megawatts power would be added in the central transmission grid of the Nepal Electricity Authority by the end of the current fiscal year.” RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Delays Push National Pride Projects’ Costs Up by Over 113 Percent

by CEO Tab
May 25, 2026
0

The cost of several national pride projects has surged dramatically due to prolonged delays and slow construction progress, with expenses expected to rise by as much as 113...

Read more

Birgunj Customs Imports Rise 15% to Rs 794.87 Billion in 10 Months

by CEO Tab
May 24, 2026
0
Exports of Nepali goods double in four months

Goods worth Rs 794.87 billion were imported through the Birgunj Customs Office during the first 10 months of the current fiscal year. Imports through the checkpoint increased by...

Read more

Nepal Officially Defers Graduation from Least Developed Country Status

by CEO Tab
May 24, 2026
0
Nepal Officially Defers Graduation from Least Developed Country Status

Nepal has officially informed the United Nations about its decision to defer the process of graduating from the status of a Least Developed Country (LDC). Speaking at a...

Read more

NEPSE Gains 26.55 Points, Offering Relief to Investors After Previous Decline

by CEO Tab
May 24, 2026
0
10 firms keen to receive stockbrokers licenses

The Nepal Stock Exchange (NEPSE) gained 26.55 points (0.97 percent) last week, providing a measure of optimism to investors following the continuous decline seen in the previous week....

Read more

Nepal’s Imports Reach Rs 1.6 Trillion; Diesel and Soybean Oil Lead the List

by CEO Tab
May 24, 2026
0
Tanker drivers resume fuel transportation

Nepal imported goods worth around Rs 1.6 trillion during the first 10 months of the current fiscal year, with diesel and crude soybean oil emerging as the country’s...

Read more
Next Post

NBI, EIBFS reach agreement

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.