header banner
SOCIETY

Agreement with Gezhouba Group for Budhi Gandaki project canceled

KATHMANDU, Nov 13: A Cabinet meeting on Monday has canceled the agreement with China Gezhouba Group Corporation in principle to let the Chinese company build the 1,200 MW project under the engineering, procurement, construction, and finance (EPCF) model of project development.
alt=
By No Author

KATHMANDU, Nov 13: A Cabinet meeting on Monday has canceled the agreement with China Gezhouba Group Corporation in principle to let the Chinese company build the 1,200 MW project under the engineering, procurement, construction, and finance (EPCF) model of project development.



Kamal Thapa, the President of Rastriya Prajatantra Party tweeted to confirm the decision passed by the cabinet this morning on the basis of inconsistency and approximation. 




अनियमित र हचुवाढंगले गेजुवा ग्रुप संग गरिएको बुढि गण्डकी जलविद्युत आयोजनाको समझौता संसदिय समितिहरुको निर्देशन बमोजिम आज बसेको मन्त्रिपरिषद बैठकले खारेज गरेको छ


Related story

Dahal raps govt for revoking decision to award Budhi Gandaki to...


— Kamal Thapa (@KTnepal) November 13, 2017




The government had signed contract agreement of the Budhi Gandaki Hydropower Project with China Gezhouba Group Corporation earlier this year.


 

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/652b7f4c91f1f.jpg
https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/Budhigandaki%20project.jpg
See more on: canceled
Related Stories
ECONOMY

Chinese company's license to build Budhi Gandaki P...

Chinese company's license to build Budhi Gandaki Project scrapped, Nepal says it’ll build the 1200MW project on its own
ECONOMY

China Gezhouba objects to termination of MoU, term...

China Gezhouba objects to termination of MoU, terms it invalid
ECONOMY

Oli vows to revoke decision to scrap deal with Chi...

Oli vows to revoke decision to scrap deal with Chinese firm
SOCIETY

Govt told to scrap decision to award Budhi Gandaki...

Govt told to scrap decision to award Budhi Gandaki to Chinese firm
ECONOMY

‘Scrap decision to award Budhi Gandaki to Chinese...

‘Scrap decision to award Budhi Gandaki to Chinese firm’

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights