Hydropower projects in Nepal: Bangladesh’s investment decision after survey

DHAKA, 15 September 2021, (TON): Both Bangladesh and Nepal have been exploring the potential for investment by Bangladeshi companies’ in hydropower in Nepal.

Bangladesh is set to take its decision on the selection of hydropower projects for investment in Nepal on completion of the ongoing survey by the Himalayan nation.

There are five potential projects, identified by the Nepalese government for investment by Bangladesh where the survey is ongoing, said a statement issued by the Ministry of Power, Energy and Mineral Resources.

The statement came following the third meeting of the Bangladesh-Nepal Joint Steering Committee on Cooperation in the Power Sector, held virtually.

Bangladesh power secretary Habibur Raman and his Nepalese counterpart Devendra Karki led the delegations of their respective sites at the meeting.

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