Nepal, Bangladesh seek India's aid for Sunkoshi 3 hydropower project

20 Jun 2023 CW Team

Nepal and India expressed their desire to collaborate on a hydropower project in Nepal, which was originally planned to be undertaken solely by the two countries.

According to at least three Nepali government officials who spoke to India Narrative, an understanding has been reached between the two nations to involve India in the development of the Sunkoshi 3 hydropower project, with a capacity of 683 MW. This collaboration would transform the project into a trilateral endeavour.

For some time now, Nepal and Bangladesh have been discussing the development of this project, located on the border of Ramachhap and Kavrepalanchok districts in central Nepal. The two countries reached this understanding during the fifth meeting of the secretary-level Joint Steering Committee on energy cooperation between Nepal and Bangladesh, held on May 15-16 in Patuakhali, Bangladesh.

"During the meeting, the two countries agreed to request India to join as a partner in the project's development," stated Prabal Adhikari, the power trade director at Nepal Electricity Authority (NEA), the state-owned power utility body.

As part of the meeting's decisions, the NEA and Bangladesh Power Development Board (BPDB) decided to sign a joint venture agreement within the next six months for the project's development.

"Before signing the joint venture agreement, both sides have agreed to make efforts to include India in the project through trilateral cooperation," added Adhikari, who was also a member of the Nepali delegation. "A trilateral joint venture agreement could be signed if India agrees to participate."

Also read:
Rs 10k crore in pipeline for coal-fired thermal power project in UP
Think-tank enlisted by Ludhiana MC to enhance city’s air quality

Infrastructure Urban

05 Nov 2025

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..

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..

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..