Russia eager to invest in energy sector in Nepal « Khabarhub
Friday, June 14th, 2024

Russia eager to invest in energy sector in Nepal


08 December 2020  

Time taken to read : 1 Minute


  • A
  • A
  • A

KATHMANDU: Russia has expressed its interest in investing in the energy sector of Nepal.

Aleksei A. Novikov, Ambassador of Russia to Nepal, while paying a courtesy call on Minister for Energy Barsha Man Pun here today, shared the interest in investing in Nepal’s hydro sectors. Ambassador shared that Russian banks Lanta and Musko Industrial were presenting their proposals in investing in the hydro sector.

The delegation further shared that the investment will be on Government to Government modality. On the occasion, the delegation inquired with Minister Pun about the energy laws and market in Nepal.

Responding to the query of Ambassador Novikov, Minister Pun shared that the internal and regional market of the energy was good. Minister Pun also thanked Russia for its support to Nepal in different sectors.

The delegation comprised representatives of Lanta and Musko Industrial bank, NRNA ex chair Upendra Mahato, NRNA vice-chair Badri KC among others.

Publish Date : 08 December 2020 20:18 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

Eight proposals to slash Appropriation Bill expenditure presented in HoR

KATHMANDU: Eight proposals aimed at reducing expenses in the Appropriation

Nepal reaffirms commitment to social justice, says President Paudel

KATHMANDU: President Ramchandra Paudel emphasized that Nepal’s constitution fully embraces

National ID Card mandatory for social security allowance

KATHMANDU: The government has decided to make the national identity

Nepal exports handicrafts worth Rs 3.26 billion in past 10 months

KATHMANDU: Over the past ten and a half months, Nepal