The Investment Board has approved a combined investment of Rs 21.17 billion for two semi-reservoir hydropower projects in Nepal. The decisions were made at the board’s 68th meeting in Kathmandu on Friday, chaired by Prime Minister Balendra Shah.
The board approved Rs 10.75 billion for the 58.9 MW Nar Khola semi-reservoir hydropower project and Rs 10.42 billion for the 46.72 MW Sani Bheri-3 project.
Investment approved for two projects
The two approvals bring the total investment to more than Rs 21 billion. Nar Khola has a planned capacity of 58.9 MW, while Sani Bheri-3 is designed to generate 46.72 MW.
- Nar Khola: Rs 10.75 billion for a 58.9 MW semi-reservoir project
- Sani Bheri-3: Rs 10.42 billion for a 46.72 MW semi-reservoir project
Board to move ahead with Arun-3 and Upper Karnali
The meeting also decided to move ahead with the Arun-3 and Upper Karnali projects. No further details about the next steps were provided in the summary of the meeting.
