Nepal, Bangladesh seek India's aid for Sunkoshi 3 hydropower project
POWER & RENEWABLE ENERGY

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

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


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

Next Story
Real Estate

GHMC Launches Drive To Boost Property Tax Revenue

The Greater Hyderabad Municipal Corporation (GHMC) has launched a special campaign to enhance property tax revenue from non-residential and commercial properties by reassessing their total built-up area. Any discrepancies identified during inspections will trigger immediate revision of both property tax and trade licence fees, officials said. The initial phase of the drive focuses on shopping malls across Hyderabad, with over 300 such establishments identified in the twin cities. After the mall inspections, GHMC will extend the verification process to other non-residential properties, includi..

Next Story
Infrastructure Urban

Cholamandalam To Raise Rs 10 Billion Via NCD Issue

Cholamandalam Investment and Finance Company has invited bids to raise up to Rs 10 billion through secured non-convertible debentures (NCDs) maturing on 14 October 2030, offering a coupon rate of 7.58 per cent. The NCD issue, announced on Monday, comes at a time when corporate bond activity — which saw strong momentum in the first quarter of FY26 — has slowed during the second quarter owing to rising borrowing costs. However, market analysts anticipate a rebound in the coming months as easing bond yields could reignite investor appetite for corporate debt instruments. The company’s fu..

Next Story
Infrastructure Urban

Maharashtra Approves Cluster Redevelopment For Mumbai Slums

The Maharashtra cabinet has approved a cluster redevelopment scheme for Mumbai’s slums, paving the way for large-scale urban renewal and improved living standards across the city’s informal settlements. The decision, taken on 7 October, seeks to convert slum clusters spread over more than 50 acres into integrated housing projects equipped with modern infrastructure and better amenities. To be implemented by the Slum Rehabilitation Authority (SRA), the initiative aims to accelerate redevelopment, attract private investment, and stimulate construction activity. According to a statement from..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?