Print Edition - 2016-07-08 | News
Preps to give final shape to Pancheshwar DPR by Oct
Jul 8, 2016-
Preparations are being made to give final shape to the detailed project report of the Pancheshwar Multipurpose Project by October.
It was agreed during the fourth joint meeting of the Energy Secretaries of Nepal and India that concluded on Wednesday to give the DPR its final shape and finalise all other remaining issues, said Mahendra Bahadur Gurung, chief executive officer of the Pancheshwar Development Authority.
According to him, an agreement was also reached to hold the secretary-level meeting every three months.
The joint meeting prepared the basis for sharing the benefits and costs between Nepal and India on the project and for deciding the use of technology, inundation, rehabilitation and additional matters to be addressed.
The Pancheshwar project that had been stalled for the last 23 years moved forward after Indian Prime Minister Narendra Modi’s visit to Nepal. Four joint meetings on the project DPR have been held so far.
“The decision of the fourth meeting will be formalised within two weeks,” Gurung said. The Authority has projected to generate a total of 5,040 megawatts electricity from the project.
Of this projected power, 4,800MW would be generated from the Pancheshwar project and 240MW from the Rupaligad project. The project will produce 11,885 gigawatts/hour annually.
Published: 08-07-2016 10:56