India’s NHPC likely to develop 480 MW Phukot Karnali hydro-project in Nepal
If everything goes as per plans, Indias NHPC will begin development of 480 megawatt Phukot Karnali Hydroelectric Project in Nepal.
According to some Nepali media reports, the Kathmandu government has decided to develop the project jointly with NHPC India and Vidhyut Utpadan Company Limited (VUCL), an undertaking of the government.
Surya Rijal, managing director of the company, said that the company has decided that 51 per cent of the project will be invested by NHPC and 49 per cent by the Power Generation Company.
