Nepal & India to convene expert meeting on Pancheshwar Power Plant DPR
POWER & RENEWABLE ENERGY

Nepal & India to convene expert meeting on Pancheshwar Power Plant DPR

According to a media report, Nepal and India have reached an agreement to convene a meeting of experts in order to address differences and finalise the detailed project report (DPR) for the highly anticipated 6,480 megawatt Pancheshwar Multipurpose bi-national power plant. The power plant will be developed along the bordering Mahakali River. The decision was made during a meeting of the governing council of the Pancheshwar Development Authority, which took place in Pokhara, Nepal.

The report quoted Madhu Bhetuwal, the spokesperson for Nepal's Ministry of Energy, Water Resources, and Irrigation, stating, "The meeting decided to extend the term of the team of experts which expired in March." He further added, "The two sides also agreed to hold the next meeting of the team of experts within 10 days to iron out the differences over the DPR and make a move towards concluding the DPR."

The Pancheshwar Multipurpose Project (PMP) is a collaborative effort between Nepal and India, aiming to construct a hydroelectric power project on the Mahakali River, which forms the border between the two countries. The project is governed by the integrated Mahakali Treaty signed in 1996, which mandates the construction of equal-sized underground powerhouses, each with a capacity of 3,240 MW, on both sides of the Mahakali River in India and Nepal.

In addition to generating electricity, the Pancheshwar Project will provide irrigation to 130,000 hectares of land in Nepal and 240,000 hectares in India, along with other ancillary benefits such as flood protection.

However, the finalisation of a mutually acceptable DPR for the Pancheshwar Project has been hindered by disagreements on certain contentious issues. Bhetuwal explained, "There were more than 500 unresolved issues which have now come down to 127."

The forthcoming meeting of experts, for which the date is yet to be finalised, marks the initial step towards concluding the DPR. This follows the commitment made by the prime ministers of both countries during Prime Minister Pushpa Kamal Dahal Prachanda's visit to India from May 31 to June 3, where it was agreed that officials from both governments would expedite bilateral discussions to finalise the Pancheshwar DPR within three months. 

According to a media report, Nepal and India have reached an agreement to convene a meeting of experts in order to address differences and finalise the detailed project report (DPR) for the highly anticipated 6,480 megawatt Pancheshwar Multipurpose bi-national power plant. The power plant will be developed along the bordering Mahakali River. The decision was made during a meeting of the governing council of the Pancheshwar Development Authority, which took place in Pokhara, Nepal.The report quoted Madhu Bhetuwal, the spokesperson for Nepal's Ministry of Energy, Water Resources, and Irrigation, stating, The meeting decided to extend the term of the team of experts which expired in March. He further added, The two sides also agreed to hold the next meeting of the team of experts within 10 days to iron out the differences over the DPR and make a move towards concluding the DPR.The Pancheshwar Multipurpose Project (PMP) is a collaborative effort between Nepal and India, aiming to construct a hydroelectric power project on the Mahakali River, which forms the border between the two countries. The project is governed by the integrated Mahakali Treaty signed in 1996, which mandates the construction of equal-sized underground powerhouses, each with a capacity of 3,240 MW, on both sides of the Mahakali River in India and Nepal.In addition to generating electricity, the Pancheshwar Project will provide irrigation to 130,000 hectares of land in Nepal and 240,000 hectares in India, along with other ancillary benefits such as flood protection.However, the finalisation of a mutually acceptable DPR for the Pancheshwar Project has been hindered by disagreements on certain contentious issues. Bhetuwal explained, There were more than 500 unresolved issues which have now come down to 127.The forthcoming meeting of experts, for which the date is yet to be finalised, marks the initial step towards concluding the DPR. This follows the commitment made by the prime ministers of both countries during Prime Minister Pushpa Kamal Dahal Prachanda's visit to India from May 31 to June 3, where it was agreed that officials from both governments would expedite bilateral discussions to finalise the Pancheshwar DPR within three months. 

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement