Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Indian Prime Minister Narendra Modi has announced that 10,000 megawatts of electricity will be imported from Nepal in the next 10 years.
Speaking at the joint press conference of Prime Minister Pushpa Kamal Dahal and Indian Prime Minister Modi, who is on a visit to India, Modi announced that 10,000 megawatts of electricity will be taken from Nepal.
Speaking at a press conference, Modi said that Nepal and India have agreed to supply 10,000 megawatts of electricity in 10 years through a long-term agreement.
The construction of Fukot Karnali with a capacity of 480 MW and Lower Arun with a capacity of 669 MW has also been agreed.
Indian company Sutlej Jalvidyut Nigam has signed an agreement to build Lower Arun Project and Phukot Karnali by NHPC Limited.
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