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Nepal signs pact with SJVN
12 Jul 2021, 13:03 GMT+10
Kathmandu [Nepal], July 12 (ANI): Nepal Investment Board has said it has signed a pact with India s state-owned SJVN Ltd to develop the 679-megawatt (MW) Lower Arun Hydro Electric Project in eastern Nepal.
In a statement on Sunday, the National Investment Board of the Himalayan Nation announced that the pact was signed with India s state-owned Satluj Jal Vidyut Nigam (SJVN) which is the second mega project undertaken by Southern neighbour.
The memorandum of understanding MoU was signed by SJVNL Chairman and Managing Director Nand Lal Sharma and IBN Chief Executive Officer Sushil Bhatta.
Second, after the Arun-3 hydropower project, the Lower Arun Hydel project is expected to cost around 1.3 billion dollars, the single biggest foreign investment project, as per 2017 cost estimates.
Nepal Investment Board has said it has signed a pact with India s state-owned SJVN Ltd to develop the 679-megawatt (MW) Lower Arun Hydro Electric Project in eastern Nepal. In a statement on Sunday, the National Investment Board of the Himalayan Nation announced that the pact was signed with India s state-owned Satluj Jal Vidyut Nigam (SJVN) which is the second mega project undertaken by Southern neighbour. The memorandum of understanding MoU was signed by SJVNL Chairman and Managing Director Nand Lal Sharma and IBN Chief Executive Officer Sushil Bhatta. Second, after the Arun-3 hydropower project, the Lower Arun Hydel project is expected to cost around 1.3 billion dollars, the single biggest foreign investment project, as per 2017 cost estimates.
Nepal signs pact with SJVN for 679 MW Lower Arun Hydel Project ANI | Updated: Jul 12, 2021 08:16 IST
Kathmandu [Nepal], July 12 (ANI): Nepal Investment Board has said it has signed a pact with India s state-owned SJVN Ltd to develop the 679-megawatt (MW) Lower Arun Hydro Electric Project in eastern Nepal.
In a statement on Sunday, the National Investment Board of the Himalayan Nation announced that the pact was signed with India s state-owned Satluj Jal Vidyut Nigam (SJVN) which is the second mega project undertaken by Southern neighbour.
The memorandum of understanding MoU was signed by SJVNL Chairman and Managing Director Nand Lal Sharma and IBN Chief Executive Officer Sushil Bhatta.
April 20, 2021
Stakeholders at the consultative meeting in Port Loko
Stakeholders including traditional chiefs, local council authorities and business people in the North-Western District of Port and Kerena, have strongly embraced the National Investment Board (NIB), an initiative carved by President Bio to get rid of some bottlenecks in the private sector and boosts investment in Sierra Leone.
On Saturday, April 17
th, the board engaged stakeholders in the district to have their input in the National Investment Board bill before it could be passed into law by the Sierra Leone Parliament.
The NIB, according to the Executive Director,Dr.Maada Mustapha, will replace the existing board of the Sierra Leone Investment and Export Promotion Agency (SLIEPA) and that it will the singular authority to attract, coordinate and regulate investment in Sierra Leone.