contribute a quarter of the $1.5 billion cost needed to fund two hydropower projects in Nepal. The Arun-III and the Upper Karnali projects will generate a combined 702 megawatts (MW) of power, helping to ease Nepal’s power supply problems. Two Indian firms have won engineering contracts to build the two projects. …
NEPAL: IFC pledges help in financing big hydropower projects
Posted on October 12, 2008 by EnergyAsia