Nepal signs Upper Karnali PDA with GMR

Nepal and GMR have signed the Project Development Agreement (PDA) regarding the 900 megawatt-Upper Karnali Hydro Power Project based in western Nepal.Chief Executive Officer of Investment Board Nepal, Radhesh Panta, and Grandhi Mallikarjuna Rao (GMR) Group's Energy Chairperson and Nepal Chief Harvinder Manocha signed on the agreement from their respective sides in the presence of Prime Minister Sushil Koirala and India's Home Minister Rajnath Singh amidst a programme here today.MORE

 

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  • Nepal's failed development Nepal's failed development

    Very little academic research is done in areas concerning the donors that isn’t funded by them.If findings are deemed controversial they’re not published. A donor might commission a study of transport cartels, but not publish it, perhaps because, if all that’s true, how is their hundred-odd million a year ever going to stimulate growth?

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