Stories Tagged 'Investment board nepal'
The long-standing dispute between the Energy Ministry and the Investment Board Nepal (IBN) has resurfaced, as Energy Minister Barsha Man Pun remained conspicuously absent from an event organised by the board on Friday to mark the laying of a foundation stone of Arun III Hydropower Project.
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Investment Board Nepal (IBN) on Thursday granted an electricity generation licence to SJVN Arun-3 Power Development Company to generate power from the Arun-3 Hydropower Project located in eastern Nepal.
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The 30th board meeting of the Investment Board Nepal (IBN) held on Saturday has decided to award generation license for the Arun-3 Hydroelectric Project to Indian firm, SJVN Arun-3 Power Development Company.
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The Energy Ministry is mulling to award the implementing authority for a few 500 MW plus hydropower projects to Investment Board Nepal (IBN) in a bid to resolve their longstanding dispute about who has jurisdiction over them.
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Energy Minister Barsha Man Pun will use his mediation skills to try to resolve a long-standing row between the Energy Ministry and Investment Board Nepal (IBN) over who has the right to implement hydropower projects of 500 MW or more.
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Investment Board Nepal (IBN) and Finnish joint venture Nepwaste initialed a project development agreement (PDA) on Wednesday for the management of solid waste in the Kathmandu Valley, IBN said in a press statement.
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