First Business News Portal in English from Nepal
KATHMANDU: The government has given go ahead to Nepal Electricity Authority (NEA) to construct 490.2 MW Arun-4 Hydropower Project.
The Ministry of Energy, Water Resources and Irrigation on Monday decided to award the license of the hydro project to the state-owned power utility.
The Department of Electricity Development (DoED) has already carried out the detailed study and design of the hydropower project that is to be built at Bhotekhola Rural Municipality and Makalu Rural Municipality of Sankhuwasabha district.
The proposed Arun-4 will be situated at the lower topographical region of Upper Arun Hydropower Project, for which NEA was given permission for construction last September. NEA’s Managing Director Kulman Ghising said they will immediately start construction of both the projects.
The DoED has estimated the cost of Arun-4 Hydropower Project at around Rs 65 billion. The project will be generating 2.09 billion units of electricity annually.
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