The Millennium Challenge Account-Nepal (MCA-Nepal) has signed two major contracts under the Millennium Challenge Corporation (MCC) Nepal Compact’s Electricity Transmission Project, jointly funded by the governments of Nepal and the United States.
Following the successful completion of the foreign aid review, the MCC Nepal Compact has resumed with renewed commitment from both governments. After a competitive international bidding process, MCA-Nepal awarded:
- Lot 2 (Ratmate–New Damauli) to Angelique-Skipper JV
- Lot 3 (New Damauli–New Butwal) to WAIBA-SALASAR JV
Valued at approximately USD 154.5 million, these contracts cover the design, installation, testing, and commissioning of 180 kilometers of high-voltage transmission lines.
The agreements were signed by MCA-Nepal Executive Director Khadga Bahadur Bisht and company representatives in the presence of MCC’s Acting Deputy Vice President, officials from Nepal’s Ministry of Finance, the Nepal Electricity Authority, the U.S. Embassy, and the MCC Resident Country Mission.
MCC Acting Deputy Vice President John Wingle reaffirmed the U.S. commitment to improving electricity availability in Nepal and boosting regional power trade. Finance Secretary and MCA-Nepal Board Chairperson Ghanashyam Upadhyaya welcomed the U.S. support for Nepal’s transmission line and substation plans. U.S. Embassy Chargé d’Affaires Jason Meeks called the milestone a symbol of the United States’ enduring commitment to Nepal’s growth.
The MCC Nepal Compact, worth USD 697 million, is one of Nepal’s most transformative infrastructure initiatives, focusing on Electricity Transmission and Road Maintenance Projects. It aims to strengthen critical infrastructure, expand cross-border energy trade, improve transportation networks, and foster private sector investment for long-term economic growth.
