• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 3 hours Pioneer's Sheffield in Doghouse. Oil upset his bragging about Shale hurt prices. Now on campaign to lower expectations, prop up price.
  • 4 hours Tesla Launches Faster Third Generation Supercharger
  • 6 hours Passerby doused with flammable liquid and set on fire by peaceful protesters
  • 1 hour EU has already lost the Trump vs. EU Trade War
  • 8 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"
  • 4 hours China's Renewables Boom Hits the Wall
  • 20 hours Joe Biden, his son Hunter Biden, Ukraine Oil & Gas exploration company Burisma, and 2020 U.S. election shenanigans
  • 14 hours Climate Change Consensus Shifts in Wind, But Gas Is Still the Right Move
  • 21 hours Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 19 hours Does .001 of Atmosphere Control Earth's Climate?!
  • 30 mins ''Err ... but Trump ...?'' #Humph
  • 19 hours Trump Interview On Farage's Radio Show #classy

Breaking News:

Lithium Under Fire As EV Sales Slump

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

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play