Nepal’s Investment Board has decided to facilitate the proposed 900-megawatt Upper Karnali hydropower project after years of delays. Funding deadlines, legal disputes and uncertainty over financial closure have slowed progress. The new decision offers a possible path forward, although it does not mean that construction has already started.

Source and transparency

This is an original short news brief based on reporting by the cited publisher. The Kathmandu Post ↗

Cover image is an editorial illustration, not a photograph of the actual event.