Trans-border transmission line and Pancheswar projects to be taken forward
KATHMANDU: Nepal and India have agreed to expedite some significant hydropower and transmission lines projects.
Speaking at a joint press conference held here this evening following bilateral talks between Nepal and India as part of the Indian Prime Narendra Modi’s ongoing visit to Nepal, Prime Minister KP Sharma Oli said important discussion was held on expediting the Pancheswar project. Both the Prime Ministers expressed the commitment to complete the project soon by concluding its detailed project report within the next few months.
The construction of the Butwal-Gorakhpur 400 KV transmission line featured during the discussion. This is the second transborder transmission line being constructed between Nepal and India. The 130 kilometers Butwal-Gorakhpur transmission line follows the Dhalkebar-Mujaffapur transmission line that is being used to import 140 MW of power to Nepal at present.
On the occasion, Prime Minister Oli also shared that the Indian Prime Minister has given consent to giving special priority to the establishment of the energy bank, that will help exchange surplus power between the two countries.
Indian Prime Minister Modi expressed happiness over the opportunity to lay the foundation stone for the Arun III hydropower project and expressed commitment to support such big projects initiated by Nepal in the future. Such projects, he said, will not only help generate employment but also lead to economic and financial opportunities for development of the country. RSS
Published Date: Friday, May 11th, 2018 | 11:16 PM