Nepal cabinet hand overs Upper Arun Hydropower Project to NEA

The Nepal cabinet has decided to hand over the Upper Arun Hydropower Project to the Nepal Electricity Authority ( NEA for construction.

The cost for the run-of-the-river project located some 10km away from the Nepal-China border in Sankhuwasabha district is estimated at around $500 million ($1,500 per KW). NEA had completed the feasibility study in 1991 with help from the World Bank and United Nations' Development Programme.

Source: Hydro world