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NC lawmakers smell rat in West Seti Hydroproject, probe panel formed

Kathmandu: The Parliamentary committee on Natural Resources and Means has issued stay order on implementing the agreement of West Seti Hydro power project.

The decision came ten days after the government entered an agreement with Chinese power developer company Three Gorges.

A meeting of the Committee held at Singha Durbar, the Committee members said that the West Seti was a malicious and an anti-national project, and the works of the project should be investigated.
Lawmakers from Nepali Congress, Gagan Thapa, Dharmaraj Gurung, Laxman Ghimire, among others, expressed dissatisfaction, saying the agreement signed by the government with the Three-Gorges Corporation–the power developer from China–on February 29, was wrong in legal terms.

The lawmakers demanded to scrap the agreement which they said was signed ‘overnight’, and select a company based on competition.

The parliamentary panel also formed an 11-member probe committee for detailed study of the agreement signed by the government regarding the West-Seti Project, the reservoir-based project. The committee has been given 10 days to submit its report.
The government has awarded the Chinese company — Three Gorges Corporation– to begin the construction of the West-Seti Project with the capacity of 750 megawatts.

As per the preliminary report, the total cost of the project is likely to reach Rs 124 billion. The company has agreed to complete the project within eight years and Nepal Electricity Authority (NEA) is investing 25 per cent of the total investment.
Three Gorges is China’s largest hydro power developer company. RSS

Published Date: Friday, March 9th, 2012 | 12:21 PM

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