Stories Tagged 'Budhi gandaki hydropower project'
Compensation distribution programme for those affected by the construction of the 1,200MW Budhi Gandaki Hydropower Project has hit a snag due to delays made by the project office and officials of the concerned government agencies.
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Foreign Minister Pradeep Gyawali has said that he is not going to discuss the 1,200 megawatt Budhigandaki hydroelectricity project with Chinese officials during his official visit to Beijing that begins on Tuesday.“We’re looking into the decisions taken by the erstwhile Sher Bahadur Deuba government, and have not taken any decision on what we should do with the project,” he told reporters at the Foreign Ministry hours before embarking on a six-day visit to China at the invitation of his counterpart, Wang Yi.The Chinese side has repeatedly expressed concern over the fate of the project, including recently by Chinese Ambassador to Nepal Yu Hong during her meeting with Energy Minister Barsha Man Pun.
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The development of Budhi Gandaki Hydropower Project has once again hit a snag with the Ministry of Energy failing to receive an official letter from the Prime Minister’s Office about the Cabinet’s decision to provide viability gap funding (VGF) for construction of the 1,200MW project.
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CPN-UML Chairman KP Sharma Oli has accused the Nepali Congress (NC) of scrapping the deal to construct the Budhigandaki hydroelectric project with China’s Gezhouba Group Corporation in order to raise money for election campaign expenditure.
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Nearly four months after the government signed a contract agreement for the Budhi Gandaki Hydropower Project with the China Gezhouba Group Corporation (CGGC), a joint meeting of the Agriculture and Water Resources Committee and Finance Committee of Parliament on Monday directed the government to scrap the decision.
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The Agriculture and Water Resources Committee of the Legislature-Parliament on Monday directed the government to scrap its decision to award the contract to construct the Budhi Gandaki Hydroelectric Project to a Chinese company.
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