Nepal picks NHPC to develop 2 major hydropower projects

12 Aug 2022 CW Team

The Sher Bahadur Deuba government in Nepal has approved a proposal for India's National Hydropower Corp (NHPC) to study and develop two hydroelectric projects that will have the combined potential to generate 1,200 megawatts of energy.

A meeting of the Investment Board, Nepal chaired by Prime Minister Deuba this week decided to allow the NHPC to study and develop the 750 MW West Seti Storage Hydropower Project and 450 MW Seti River-6 Hydropower Project in Sudurpaschim province.

The West Seti project is a long-awaited project envisioned about four decades ago. Both the projects are located in the far west of Nepal, and both are storage type projects.

The board approved the draft of the memorandum of understanding to be signed with the Indian company, according to a statement by the Investment Board.

NHPC Ltd, under the Indian Ministry of Power, had submitted a proposal in May to develop the projects.

The West Seti project, first envisioned some six decades ago, is located on the Seti River. The proposed dam site is located 82 km upstream of the confluence of the Seti and Karnali rivers, forming part of the Ganges basin.

The new project sites are located at elevations ranging from 550 to 920 metres and are spread across six districts. The estimated cost of the project, according to the Investment Board, is $2.4 billion.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..