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UCPN (M) concerned over discussion at Energy Ministry

The UCPN (Maoist) has expressed concerns over the recent discussion that was held at the Energy Ministry , alleging that the discussion was held for allowing foreign country for the use of country’s water resources. Speaking at a regular press meet organised at the party headquarters in Koteshwor on Saturday, party spokesperson Dinanath Sharma said, “The discussion at the Energy Ministry to allow the foreign countries for the utilisation of water resources of the country at a time...

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PDA negotiations at final stage

PDA negotiations at final stage

Upper Karnali Hydropower Project Negotiations between Investment Board Nepal (IBN) and India’s GMR-ITD Consortium on a power development agreement (PDA) for Upper Karnali Hydropower Project have entered the final stage, with informed sources suggesting that an initial deal could be reached in the next couple of days. The IBN, which has been mandated to hold the PDA talks, and the GMR have been engaged in discussions for the last five days. As per IBN plan, an initial agreement could be signed...

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