Kathmandu: The government has announced to develop the much-hyped West Seti Hydropower Project from the national investment.
The government made such announcement in the budget for the fiscal year 2075/076 BS after the project could not proceed ahead despite the Chinese company Three Georges was holding it for past six years.
Earlier, a government formed committee had suggested that the project of 750 megawatt should be developed from the national investment.
The government came to the conclusion to develop the project from the national capital after the Chinese company sought one after another lists of favors.
Likewise, the budget announced by Finance Minister Dr Yubraj Khatiwada has aimed at advancing the Karnali Chisapani Multipurpose Project of 10,800 megawatt.
Similarly, the budget has pledged to begin the construction after distributing the compensation to those affected from the Budhigandaki Hydropower Project.
Rs 10 billion has been allocated for this task, according to the Finance Minister.
Furthermore, the government would develop at least a multipurpose project in each province and feasibility study of Tamor, Kankai, Uttarganga, Naumure, Sunkoshi II, Sunkoshi III, Kaligandaki and Nalgadh projects.
Likewise, the government has allocated budget to construct the national grid in order to link the power generated from the hydropower projects after their completion.
Similarly, the government has allocated Rs 10.99 billion for the construction of Bheri Babai Diversion Project, Rani Jamara Kulariya, Sikta and Babai Irrigation Project and Rs 350 million has been allocated for solar irrigation project. RSS