• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 9 days Does Toyota Know Something That We Don’t?
  • 3 days America should go after China but it should be done in a wise way.
  • 9 days World could get rid of Putin and Russia but nobody is bold enough
  • 11 days China is using Chinese Names of Cities on their Border with Russia.
  • 3 hours "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 16 hours Even Shell Agrees with Climate Change!
  • 11 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 12 days Putin and Xi Bet on the Global South
  • 12 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"

World Bank Provides $99 Million Grant for Nepal Power Project

The World Bank is providing a $99 million grant for implementing the Nepal-India Electricity Transmission and Trade Project.
World Bank country director for Nepal, and Bangladesh Ellen Goldstein said, "Removing infrastructure barriers to growth is among the key development challenges facing Nepal today," adding that the project is one of several joint Nepal-World Bank efforts to assist in relieving the Himalayan country’s chronic electricity shortages.
Nepal’s Ministry of Finance Undersecretary Lal Shanker Ghimire and Andras Horvai, World Bank acting country manager for Nepal signed the agreement, Nepalnews.com reported.
The Nepal-India Electricity Transmission and Trade Project 1,000 megawatt capacity cross-border transmission line is intended to help meet a significant part of Nepal’s electricity deficiencies in the quickest, economical manner.
According to the World Bank’s website, there are three components to the Nepal-India Electricity Transmission and Trade Project. The first component is Dhalkebar-Muzaffarpur (D-M) Transmission Line Design, construction and operation of approximately 55 miles of a 400-kilovolt double circuit transmission line between Muzaffarpur and Sursand on the Indian border with Nepal and the designing, construction and operation of approximately 25 miles of 400-kilovolt double circuit transmission line between Dhalkebar and Bhittamod on the Nepal border with India.
The second component is Hetauda-Dhalkebar-Duhabi (H-D-D) transmission line and grid synchronization and the installation of properly tuned power system stabilizers in the major power generating stations and other measures in Nepal in order to synchronize its power system with that of India.
The third component the Nepal-India Electricity Transmission and Trade Project is providing technical advisory services to Nepal Electricity Authority (NEA) for the preparation of a transmission system master plan for future transmission system development in Nepal and for development of additional cross-border interconnections.

By. Joao Peixe, Deputy Editor OilPrice.com

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News