Tag: Budhigandaki Hydroelectric Project

Proposal to construct Budhigandaki put on hold ‘to please Oli’

Kathmandu, February 28 It has been more than 20 days since a Cabinet meeting chaired by then Prime Minister Sher Bahadur Deuba endorsed a report on the modality of domestic investment for the construction of ambitious Budhigandaki Hydropower Project. However, the file has not been sent to the concerned ministry yet. Sources say Chief Secretary […]

Will revive Budhigandaki project: Oli tells Chinese media

Kathmandu, February 20 New Prime Minister KP Sharma Oli says he will revive the Budhigandaki Hydropower Project which has been uncertain after that previous Sher Bahadur Deuba-led government cancelled its contract signed with a Chinese company. In an interview with South China Morning Post, which the newspaper claims to be Oli’s first talk with media […]

Dhading, Gorkha CDOs refuse to distribute compensation to Budhigandaki affected

Kathmandu, January 30 Chief district officers of Dhading and Gorkha districts have refused to take the responsibility of distributing compensation to locals, whose land has been acquired by the Budhigandaki Hydropower Project, for the land. Therefore, the distribution process has failed to begin though the government had published a notice for the locals to claim […]

Government prepares domestic investment model for Budhigandaki

Kathmandu, December 18 A government panel has finalised the model of domestic investment to construct the 1,200-megawatt Budhigandaki Hydropower Project. The panel suggests various forms of tax on all forms of petroleum products, annual budgetary investment of the government and funds from other national financial institutions can generate money sufficient for the project. These financial […]

From the Kathmandu Press: Thursday, November 16, 2017

Major Nepali and English broadsheet newspapers published from Kathmandu on Thursday have prioritised a host of issues including those related to upcoming provincial and federal parliamentary elections. The government’s recent decision to cancel the agreement signed with a Chinese company for the construction of Budhigandaki Hydropower Project has also received a lot of attention. The […]

Cancelling Budhigandaki contract was government’s mistake: Dahal

Chitwan, November 15 CPN-Maoist Chairman Pushpa Kamal Dahal says the government’s recent decision to scrap the agreement signed with a Chinese company to construct the ambitious Budhigandaki Hydropower Project was a mistake. He says the project would open a door to progress and prosperity if it was implemented as planned. Dahal, who had led the […]