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Nepal, India to sign deal for 900 MW Arun power project

KATHMANDU: Nepal and India are likely to sign an agreement for the construction of a 900 MW power project during the visit of Indian Prime Minister Narendra Modi for the upcoming SAARC summit Kathmandu.

The agreement for the Arun Hydropower Project being developed by Satluj Vidyut Nigam will be signed after the two countries had finalised a Power Development Agreement (PDA) for constructing the 900 MW Upper Karnali power project being developed by GMR consortium, a couple of months ago.

Nepal will host the 18th SAARC summit in Kathmandu on November 26-27.

Two Nepalese cities have formed sister city relationships with two Indian cities and preparations are underway to sign a memorandum of understanding for the purpose  .

An MoU will be signed between Nepal and India for making Kathmandu-Varanasi and Janakpur-Ayodhya sister cities and another one for starting a direct bus service between Kathmandu and New Delhi  during the visit of Prime Minister Modi.

A motor vehicle agreement for a direct bus service between Kathmandu and New Delhi is also likely to be signed.

Indian PM Modi, who will arrive in Kathamndu by land on November 25, will also visit Muktinath  on November 28.

Published Date: Sunday, November 16th, 2014 | 09:41 PM

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