header banner
ECONOMY

Expenditure on Budhi Gandaki hydropower project reaches Rs 43 billion

KATHMANDU, Jan 19: A total of Rs 43 billion has been spent so far on Budhi Gandaki hydropower project, a project of national pride. As much as Rs 43 billion has already been spent on the 1200 MW project located at the border of Gorkha and Dhading districts.
alt=
By Republica

KATHMANDU, Jan 19: A total of Rs 43 billion has been spent so far on Budhi Gandaki hydropower project, a project of national pride. As much as Rs 43 billion has already been spent on the 1200 MW project located at the border of Gorkha and Dhading districts.



During a meeting of the National Concern and Coordination Committee of the National Assembly on Friday, Minister for Energy, Water Resources, and Irrigation Shakti Bahadur Basnet shared that the government is actively engaged in advancing the project. He further explained that the allocated funds, totaling Rs 43 billion by the end of the fiscal year 2022/23, have been utilized for compensation distribution, studies, and various other expenditures.


Related story

NOC collects Rs 13b for Budhi Gandaki project from consumers


He said that in the first phase, preparatory works for construction works such as roads, bridges, camps, construction works are initiated. In the second phase, works related to dam construction will be done, and in the third phase, works related to intake, power house, electric mechanical, transmission line will be carried out.


 

https://devmyrepublica.nagariknewscdn.com/shared/web/uploads/media/Budhigandaki project.jpg
Related Stories
ECONOMY

Rs 1.19 billion paid in land compensation in Gorkh...

Rs 1.19 billion paid in land compensation in Gorkha
ECONOMY

Budhi Gandaki Hydel: Preparation on to dole out Rs...

Budhi Gandaki Hydel: Preparation on to dole out Rs 5b in compensation to affected people
ECONOMY

Govt proposes three alternatives to fund 1,200-MW...

Govt proposes three alternatives to fund 1,200-MW Budhi Gandaki Hydropower Project
ECONOMY

Govt initiates framework discussions for construct...

Govt initiates framework discussions for construction and financial management of Budhi Gandaki hydropower project
ECONOMY

Govt to allocate Rs 5 from fuel tax for Budhi Gand...

Govt to allocate Rs 5 from fuel tax for Budhi Gandaki Project

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