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PM Oli wants to Revive Budhigandaki Hydropower Project

PM Oli. Image Courtesy: AFP.

Prime Minister KP Sharma Oli wants to revive the Budhigandaki Hydropower Project, reports South China Morning Post. The project had been stopped after the previous Sher Bahadur Deuba-led government cancelled its contract signed with a Chinese company.

The Details:

  • Prime Minister Oli said, “Political prejudice or pressure from rival companies may have been instrumental in scrapping of the project. But for us, hydropower is a main focus and come what may, we will revive the Budhigandaki project.” He did not mention if the project would be given back to the Gezhouba Group.
  • Nepal Electricity Authority had been given the charge of the project. But they haven’t done any work to expedite the construction works yet.

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