{"id":56468,"date":"2026-10-09T22:39:33","date_gmt":"2026-10-09T16:54:33","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=56468"},"modified":"2026-10-09T22:39:33","modified_gmt":"2026-10-09T16:54:33","slug":"decision-to-approve-investment-in-two-semi-reservoir-hydropower-projects","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/decision-to-approve-investment-in-two-semi-reservoir-hydropower-projects\/","title":{"rendered":"Decision to approve investment in two semi-reservoir hydropower projects"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>Kathmandu, Oct 9: The Investment Board has decided to approve investment in two semi-reservoir hydropower projects.<\/p>\n<p>The 68th meeting of the Investment Board chaired by Prime Minister Balendra Shah on Friday decided to endorse the investment in the Narkhola Semi-Reservoir Hydropower Project (58.9 MW) with the cost of Rs 10.75 billion and the Sani Bheri-3 Semi-Reservoir Hydropower Project (46.72 MW) with the cost of Rs 10.42 billion.<\/p>\n<p>Commercial power production from the Arun-3 Hydropower Project (900 MW) will be ensured by February 2028. Construction of the Upper Karnali Hydropower Project (900 MW) will be forwarded immediately in line with the project development agreement.<\/p>\n<p>Chief executive officer at the Office of the Investment Board would be delegated power for the enforcement of approved projects and facilitation of services provided to investors and effective performance.<\/p>\n<p>The Swiss Challenge method would be adopted by the Board as per need, thereby prioritizing the development of projects which contribute to the utilization of renewable energy in Nepal.<\/p>\n<p>Finance Minister and vice chairman of the Board Dr Swarnim Wagle; Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha; Minister for Agriculture, Forest and Environment Geeta Chaudhary; Minister for Industry, Commerce and Supplies, Deepak Kumar Sah; vice chairman of the National Planning Commission, Dr Gunakar Bhatta; chief secretary Govinda Bahadur Karki; governor of Nepal Rastra Bank Dr Bishwanath Poudel; chief executive officer of the Investment Board Yangki Ukyab; board members and high-ranking officials were present in the meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu, Oct 9: The Investment Board has decided to approve investment in two semi-reservoir hydropower projects. The 68th meeting of the Investment Board chaired by Prime Minister Balendra Shah on Friday decided to endorse the investment in the Narkhola Semi-Reservoir Hydropower Project (58.9 MW) with the cost of Rs 10.75 billion and the Sani Bheri-3 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":56469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,11,4],"tags":[],"class_list":["post-56468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-news","category-national","category-politics"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/56468"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=56468"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/56468\/revisions"}],"predecessor-version":[{"id":56470,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/56468\/revisions\/56470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/56469"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=56468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=56468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=56468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}