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CoAS Chhetri inaugurates Kaligandaki corridor

Gorkha Post

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KASKI — Chief of Army Staff Rajendra Chhetri has inaugurated the 14 kilometer Kaligandaki Road Corridor that connects Malunga of Parbat and Takuri of Baglung on Wednesday.

CoAS Chhetri expressed joy happiness that the construction was completed on time. He said the NA would take up similar kinds of development projects in the days ahead as well while speaking at a function organised at Balewa of  Baglung,

According to engineer Reshmi Raj Bhattarai, they have targeted completion of the road construction along the corridor by next year.

With the construction of a 225 kilometer road from Gaindakot to Baglung and 190 kilometer road from Baglung to Korala along the corridor, they will be the shortest routes to connect India and China.

Religious sites, including Ridhi, Rudrabeni, Setibeni, Ranighat, Ramdi, Muktinath, Galeshwor, and Gupteshwor, among others, lie along the corridor.

The corridor will be a milestone in promoting places with religious, historical and tourism values in Dhaulagiri, Palpa and Gulmi districts.

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Economy

NPC urges government to seek clarification from Chinese firm

Gorkha Post

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KATHMANDU — The National Planning Commission (NPC) has urged the government to seek clarification from China Three Gorges International Corporation (CTGC) over the construction of the Paschim (West) Seti Hydro Power Project.

The meeting of the NPC that began on Sunday, made the decision of seeking clarification from the company with a time period of 90 days regarding the construction of 750 MW hydropower project.

The hydropower project, which is expected to be completed in an investment of 1.60 billion rupees, will have 65 percent investments from the CTGC, 25 percent from the National Electricity Authority (NEA) and the 10 percent investments from the locals as share, as per the plans made before.

CTGC can sell off its 14 percent of its total 65 percent share to the Nepali investors. But the CTGC has been showing dissatisfaction over the rate of purchasing the electricity per unit (PPA). Previously it had asked the NEA to review the rate but got a negative response.

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“We have suggested the government to interrogate the company whether it will be able to complete the project or not. What has been the problem to expedite the construction along with the terms and conditions which the company wants to put forward,” NPC Vice President Swarnim Wagle said.

The CGTC, which has been delaying the construction over its dissatisfaction over the PPA, has been threatening to walk out of the construction.

The project, which covers the area of Doti, Dadeldhura, Baitadi, and Bajhang districts of Far Western Development Region of Nepal, can produce 3.33 billion units of electricity on yearly basis, accoridng to the probability study of the project.

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