Finance Minister Prakasharan Mahat on Thursday requested the Asian Development Bank (ADB) to take forward the process for investment in the reservoir-based Dudhkoshi Hydropower Project.
Avasar Equity Diversified Fund (AEDF), one of Nepal’s first domestic private equity funds, has entered into an investment agreement with Him Parbat Hydropower Limited to invest Rs 390.6 million in hydropower projects.
The government has allocated a budget of Rs 87.45 billion for the Ministry of Energy, Water Resources and Irrigation (MoEWRI) for fiscal year 2023/24, which is Rs 21.15 billion less compared to the amount allocated in the sector for the current fiscal year.
Kathmandu; The Asian Development Bank (ADB), a Manila-based multilateral donor agency, has been providing valuable support to achieving a prosperous, inclusive, resilient and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It has been assisting its member countries by providing loans, technical assistanc...16 January, 2023
Kathmandu: On a bright winter’s morning, a small group of women gather in the tiny yard behind a makeshift shelter. They spread cereals out on the ground to dry, knit handicrafts, drink tea, and enjoy the warmth of the sun. As they start t...15 March, 2023
Kathmandu; Dhumbarahi – Shree Gorakhnath Marg, House no. 187. There was a signboard of Pashupati Energy Company Limited on the roof. Another was stuck to the side- “Maya Khola Hydropower”. The inner room of the second floor was open. Bijayman Sherchan welcomed us coming outside. We entered inside with the bunches of flowers of his gratitude.
He left his revolving chair and came along to stay wi...