India, Nepal to make a joint task force for hydroelectric project

27 Feb 2022 CW Team

India and Nepal have decided to form a joint task force to build a hydroelectric project utilising funds from both countries.

The officials from the Ministry of Energy, Water Resources, and Irrigation told the media that the agreement was formed in Kathmandu at the 9th meeting of the Nepal-India Energy Secretary-Level Joint Steering Committee.

Chiranjivi Chataut, Joint Secretary, Ministry of Energy, Water Resources and Irrigation, informed that discussion of problems like transmission lines between the two countries, the Arun III hydropower and transmission line, under-construction and proposed interstate transmission lines, and interstate power trade was done at the meeting.

Both the countries agreed to increase the energy capacity imported and exported through the Dhalkebar-Muzaffarpur interstate 400 KV transmission line.

The transmission line for 400 kV would be 140 kilometres long (20 km in Nepali territory and the rest 120 in Indian territory).

As per the agreement, the Nepal Government is liable for managing the budget for the project's construction.

According to the sources, India welcomed the proposal of Nepal Electricity Authority (NEA) to export electricity to the country.

NEA has requested India to approve a proposal to export 850 megawatts of electricity to India before the monsoon season starts.

Besides this, India is also developing a hydroelectric project in Nepal, which is currently under construction.

Satluj Jal Vidyut Nigam (SJVN) is implementing the 900-MW Arun-III hydroelectric project (Arun-IIIHEP) in Nepal via its wholly-owned subsidiary SAPDC.

The project is likely to be completed by the financial year (FY) 2023-24, further strengthening the relationship between both nations.

Image Source

Also read: SJVN to get Rs 6,333 cr loan for Arun-3 hydro project in Nepal

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..