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India-Nepal Task Force for Hydropower Project

  • On February 24, 2022, India and Nepal agreed to set up a joint task force on “proposal to construct a hydropower project” from investments of both the countries.
  • The task force will have maximum three members from both the countries.
  • Agreement was signed at the 9th meeting of Nepal-India Energy Secretary-Level Joint Steering Committee in Kathmandu.
  • Arun-3 Hydro Electric project is a 900 MW run-of-river project, located on Arun River in Eastern Nepal. Government of Nepal and Sutlej Jal Vikas Nigam (SJVN) Limited had signed a memorandum of understanding for the project in 2008 to execute on Build Own Operate and Transfer (BOOT) basis for a period of 30 years, which also include five years of construction period.
Published date : 28 Feb 2022 05:51PM

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