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

Rahughat hydro construction halted

CEO Tab by CEO Tab
December 11, 2023
in Prime News
0
Rahughat hydro construction halted
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Construction of the 40MW Rahughat hydropower project in Raghuganga Rural Municipality of Myagdi district has been halted owing to the Interim Order of the Supreme Court that forbade the Project from excavating the river-based products needed to carry out the construction work.

You might also like

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

Four South Asian Countries Sign Deal to Share Advance Trade Information

As the Project is not able to excavate stone, gravel and sand from the location mentioned in the Initial Environmental Examination (IEE) report, the construction has been halted, according to the Nepal Electricity Authority (NEA). The locations were decided through IEE, and according to it, necessary river materials required for the construction should be excavated from the Kaligandaki River.

Former Chief Justice of the Supreme Court Cholendra Shumsher Rana, on August 3, 2019, issued an interim order to stop doing any activities that would adversely impact the Kaligandaki River, considering its religious, historical and environmental importance. 

Therefore, until the final verdict is delivered, diverting the natural flow of the river to create a reservoir, extracting river materials, stealing and destroying, Shaligram and so on, is forbidden.

A team, including Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, Managing Director of Nepal Electricity Authority Kul Man Ghising inspected the construction site on Saturday.

During the inspection, contractors and project management apprised the monitoring team of the Supreme Court’s interim order that forbade the exploitation of the river-based products.

On the occasion, Minister Basnet said that the progress of the project was satisfactory, and said that necessary initiatives, coordination and facilitation would be done from the top level to solve the problems associated with the extraction of the river-based materials. He instructed the contractors to complete the construction of the project in time.

The contractor companies have promised to complete the construction within the next 15 months if the current shortage of river-based construction materials such as stone, gravel, and sand is solved. The overall physical progress of the project is 65 per cent. The dams, main tunnels, powerhouses and other structures are being constructed. 

Out of the 6.3 km main tunnel, 5.6 km has been dug. Along with the construction work of the power plant, equipment are also being installed.

About 150,000 cubic meters of stone, gravel and sand are required for the construction of concrete lining and structures in the dam area.

About a year and a half ago, the Agriculture, Cooperatives and Natural Resources Committee of the Federal Parliament monitored the site and concluded that the cost of the project would rise due to the lack of construction materials.

The committee recommended that it was appropriate to review the government’s interim order to remove river products without harming the river.

Raghuganga Hydropower Ltd. is solely owned by the Authority, and comprises the investment of the government of Nepal, the Nepal Electricity Authority and a concessional loan from the Export Import (Exim) Bank of India.

Exim Bank of India has provided a concessional loan of USD 67 million for the project, which has an estimated cost of USD 81.9 million. About 247.9 million units of electricity will be produced annually from the project which can be picked for 6 hours daily.

Under the Engineering, Procurement and Construction (EPC) framework, the Civil structure and hydro-mechanical works are being carried out by Jaiprakash Associates Ltd., and Electromechanical works are being done by Bharat Heavy Electrical Ltd. and Construction Supervision is done by Wapcos Ltd., India.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

by CEO Tab
August 21, 2026
0
Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Nepal’s hydropower sector recorded a sharp improvement in financial performance in the fiscal year 2025/26, with 106 hydropower companies listed on the Nepal Stock Exchange (NEPSE) reporting a...

Read more

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

by CEO Tab
August 21, 2026
0
Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

The Finance Committee of the Federal Parliament has decided to amend the Nepal Rastra Bank Act, proposing to limit the regular tenure of the central bank’s top officials...

Read more

Four South Asian Countries Sign Deal to Share Advance Trade Information

by CEO Tab
August 21, 2026
0
Four South Asian Countries Sign Deal to Share Advance Trade Information

Nepal, Bhutan, Bangladesh and the Maldives have signed an agreement to exchange advance information on goods traded across their borders, in a move aimed at facilitating regional trade...

Read more

Government Moves to Introduce Seasonal Electricity Tariffs

by CEO Tab
August 21, 2026
0
Government Moves to Introduce Seasonal Electricity Tariffs

The government has intensified preparations to reduce electricity tariffs through a proposed ‘seasonal tariff’ system, under which electricity prices would be lowered during the rainy season when surplus...

Read more

Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

by CEO Tab
August 19, 2026
0
Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

The government has set ambitious deadlines to complete six long-delayed national pride irrigation projects, with completion targeted within the next two to five years. The Ministry of Energy,...

Read more
Next Post
PPMO blacklists seven construction companies

Govt blacklists 12 companies

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.