NEPAL PM DAHAL TO ADDRESS THE PROBLEM FACING ARUN III HYDROPOWER PROJECT

In a recent high-level meetLing presided over by Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda,' urgent attention was drawn to resolving issues related to the entry route of the 900 MW Arun III Hydropower Project, Nepal's largest energy initiative currently under construction by an Indian company.

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The project is a 900 MW run-of-the-river hydropower endeavor on the Arun River, being developed by SJVN Arun-III Power Development Company (SAPDC), a wholly-owned subsidiary of India's Satluj Jal Vidyut Nigam (SJVN), a joint venture between the Government of India and the Government of Himachal Pradesh.

Located in the Sankhuwasabha district, the Arun-III hydroelectric power plant is poised to become Nepal's largest hydroelectric facility.

Under the project's agreement, Nepal is slated to receive 21.9% of the electricity generated during the initial 25 years of commercial operations, after which the plant will be transferred to the Nepal government. The Investment Board Nepal (IBN), responsible for facilitating public-private partnerships and foreign direct investments in Nepal, emphasized the need to address the entry route concerns, directing the matter to the council of ministers.