NUWAKOT: Minister for Energy, Water Resources and Irrigation Barsha Man Pun said Nepal needs to be self-reliant on energy to reduce the current trade loss.
Speaking after laying the foundation stone of the Upper Trishuli 3B at Kispang Rural Municipality in Nuwakot on Sunday, he said the country needs 10,000 MW of electricity to achieve the government’s two-digit economic growths goal.
The Nepal Electricity Authority (NEA) and the Nepal Telecommunications Company Limited are the major investors of the project.
Minister Pun said the country currently needs 10,000 megawatts electricity for internal consumption.
On the occasion, Nepal Electricity Authority (NEA) Executive Director Kulman Ghising maintained that the completion of the project would ensure reliable and regular power supply.
The Nepal Electricity Authority (NEA) and the Nepal Telecommunications Company Limited are the major investors of the project.
While the NEA and Nepal Telecom have a 30 percent share each, the remaining investment is shared by others, including the local governments in Rasuwa and Nuwakot, locals, financial institutions, and Telecom employees. The cost of the project has been put at Rs 7.44 billion.
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