Sankhuwasabha, Jan. 3:
Indian envoy to Nepal Manjeev Singh Puri has directed
officials of the Arun III Hydroelectricity Project to expedite the construction
works.
“Arun III is
a pride project for both Nepal and India. It will strengthen the energy
cooperation between the two countries, therefore, it must be completed at the
earliest,” he said.
Puri visited the site, where a 900-megawatt project is
being developed by the Indian state-owned company, Sutlej Jal Vidyut Nigam
(SJVN), on Tuesday. He observed the dam
site at Numko Fyaksinda and power house at Pukhuwa of Makalu Rural Municipality
in the district.
Late prime minister of Nepal Sushil Koirala and
Indian Prime Minister Narendra Modi had signed the agreement to develop the Rs.
104 billion project in 2014.
Investment Board Nepal and the developer, SJVN, had signed
the Project Development Agreement (PDA) the same year.
The project will provide 21.9 per cent – 197 mw –
energy to Nepal free of cost, and a 29 per cent equity.
It has distributed a compensation of Rs. 1.19
billion for land acquisition in the affected areas at Num, Pathibhara and Yaphu
of Makalu Rural Municipality and Diding and Pukhuwa of Chichila Rural
Municipality.
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