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

Construction of transmission line of strategic importance from coming July

CEO TAB by CEO TAB
August 9, 2019
in Prime News
0
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

-Ramesh Lamsal

You might also like

BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

Kathmandu, August 9: The works relating to the construction of two mega projects having strategic importance have begun. A company named ‘SCA Nepal ‘ has been registered for the project to be conducted with the investment of the US government under the Millennium Challenge Corporation (MCC).

The company will construct a 318 km transmission line with a capacity of 400 KV. The implementation of the Millennium Challenges Compact would begin from June 30, 2020. Information to this was shared at a press conference in the federal capital on Thursday i.e August 8.

The transmission line begins from Nanglebhare of Kathmandu will go to Gorakhpur via Nuwakot, Damauli, and Butwal. There would be high powered substations in Butwal. The project has aimed at developing a mega highway for strategically supplying electricity and providing electricity to some 9 million people.

The mega project would cost Rs 71 billion – 500 million US dollars by the US and 130 million US dollars by the Nepal government. It would have roadway together. As per the plan, 305 km long roadway would be built with the adoption of modern technology. The transmission line would be connected to the trans-border line in Gorakhpur, India.

Executive Director of MCA Nepal, Khadga Bahadur Bista, shared that these two projects of strategic importance would begin from coming June 30. In order to begin with the construction, environmental impact assessment and technical works have been initiated, he said, adding, “All preparatory works will be completing in 11 months to begin the project on the stipulated date.” MCC has put the condition to complete internal preparations before the construction begins and to complete the task within five years.

Executive Director Bista shared that the project would begin by upcoming July. It is stated that the responsibility of completing the project lies on all stakeholders as it was Nepal’s important project which is supported by the US government. The project would be important to meet the government’s goal of generating 15,000-megawatt power by coming 10 years.

Bista added that the extension of the transmission line was challenging as it was linked with the forest issues. He further argued that intensive talks were held with stakeholders so that no hindrances would be witnessed in the future in the course of forwarding the project. The project has planned to construct 400 KV transmission line from Lapsiphedi to Damauli and Damauli to Nepal-India border, Sunauli.

The transmission line to be built in MCC’s support will be connected with the second cross-border transmission line (Butwal to Gorakhpur) proposed by the government which is also enlisted as a national pride project. Likewise, repair of six roads measuring 305-kilometers in length will be done under the road project. The roads chosen for repair are Mechi’s Charaali to Phidim (130 km), Koshi’s Lokmarga to Dharan’s Basantapur (88 km), Sagarmatha’s Lokmarga to Lahan, Gaighat (26km), Ratna Lokmarga’s Ameliya to Tulsipur (38 km), and Tribhuvan Lokpath’s Hetauda to Bhimfedi (22 km).

An agreement towards this end was signed between erstwhile Minister for Finance Gyanendra Bahadur Karki and MCC on the behalf of the American government. The Federal Parliament is, however, yet to endorse the agreement. Executive Director Bista shared that the agreement will be passed through the Federal Parliament soon. Agreement for the implementation of the projects also remained to be signed between the government and MCC Nepal.

NEA Executive Director Kul Man Ghising in the meeting had assured that agreement on the Butwal-Gorakhpur cross-country transmission line would be inked, Bista quoted Ghising as saying. Works relating to the Project, such as Detailed Project Report, tender call, determining the route for transmission line among others would take a stride once the agreement is enforced.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

by CEO Tab
July 14, 2026
0
BFIs Disburse Rs 162.87 Billion in Share-Backed Loans Amid Surplus Liquidity

Kathmandu: Nepal's banks and financial institutions (BFIs) disbursed Rs 162.87 billion in loans backed by shares during the first 11 months of the current fiscal year 2025/26, reflecting...

Read more

NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

by CEO Tab
July 14, 2026
0
NPC Calls for Reducing National Pride Projects to Improve Efficiency and Control Costs

Kathmandu: The National Planning Commission (NPC) has recommended that the government significantly reduce the number of national pride projects, arguing that a smaller and better-funded portfolio would help...

Read more

Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

by CEO Tab
July 14, 2026
0
Consumer Inflation Doubles to 5.22% as Food, Fuel and Transport Costs Push Up Prices

Consumer prices in Nepal rose sharply in mid-June 2026, with year-on-year inflation climbing to 5.22 percent, nearly double the 2.72 percent recorded during the same period last year,...

Read more

Mini Casinos at the Brink: Why Nepal Needs a Balanced Tax Policy, Not a Punitive One

by CEO Tab
July 14, 2026
0
Mini Casinos at the Brink: Why Nepal Needs a Balanced Tax Policy, Not a Punitive One

The budget for Fiscal Year 2083/84 has pushed Nepal's mini (electronic) casino industry to a critical turning point. In an effort to increase government revenue, the annual royalty...

Read more

Commercial Banks’ Net Profit Surges Nearly 20% to Rs 64.56 Billion in 11 Months

by CEO Tab
July 13, 2026
0
Commercial Banks’ Net Profit Surges Nearly 20% to Rs 64.56 Billion in 11 Months

Kathmandu: Nepal's commercial banking sector posted a strong financial performance in the first 11 months of the current Fiscal Year 2025/26, with combined net profits rising by nearly...

Read more
Next Post

NTA warns to revoke the license of Nepal Satellite Telecom

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.