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Dahal leaves for China

Gorkha Post

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KATHMANDU —

UCPN (Maoist) Chairman Pushpa Kamal Dahal left for China on Monday on a weeklong visit at the invitation of the Communist Party of China.

Conversing with media persons before traveling to China, Dahal said it is dependent upon the political parties in Nepal to end the halt in the constitution writing procedure.

Chairman Dahal said that consensus on new constitution was conceivable if the ruling parties become adaptable on issues identified with state rebuilding.

Dahal said, aside from its stance over system of governance, his party was ready for a consensus.

“We will inform Chinese leaders about the most recent political circumstance here. If their proposals are certain, we’ll take them,” he said.

He, nonetheless, said the goodwill and backing of the neighboring India and China is crucial all the while. Dahal is joined by his wife Sita and party General Secretary Krishna Bahadur Mahara.

During his stay there, the opposition leader will meet senior Chinese leaders.

He is said to hold talks on respective relations, and the continuous peace and constitution writing process in Nepal.

The Maoist leaders won’t be meeting with the Chinese president and government authorities.

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Economy

Govt decides to award Budhi Gandaki Hydel project to Chinese firm again

Gorkha Post

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KATHMANDU — The government has decided to award contract for the construction of the 1,200-megawatt Budhigandaki hydropower project, a national pride project, to China Gezhouba Group Corporation (CGGC) once again.

A Cabinet meeting on Friday has decided to award the contract for the project to CGGCL reverting the erstwhile Sher Bahadur Deuba government’s decision to develop the 1200MW project with internal resources.

The Cabinet meeting has directed the Energy Ministry to initiate the process to award the project to the Chinese company.

Following the government decision, the Energy Ministry will now invite the Chinese company for talks and prepare a draft of the memorandum of understanding (MoU) before signing it, according to multiple sources at the ministry.

As per the Cabinet decision, the ministry has been asked to hold talks with the Gezhouba, prepare a proposal, and strike a deal to execute the $2.5 billion reservoir project.

Earlier on May 15, 2017, the Pushpa Kamal Dahal-led government had awarded the contract to construct the Budhigandaki project to CGGCL, juat nine days before he was to resign from the PM’s post.

The Dahal-led government had awarded the contract to CGGCL at a cost of Rs 260 billion as per a study carried out by a French company, Tractebel Engineering.

The agreement, however, invited controversy as the project was handed to the Chinese company without initiating a competitive bidding process.

The Budhi Gandaki hydel project has been touted as a key project to resolve the perennial power crisis in the country. The government has allocated Rs18 billion for compensation payments and operational expenses for this fiscal year.

The Gorkha and Dhading district administration offices are currently distributing compensation to owners of the land taken over by the project.

More than 8,000 households will be affected by the project, according to the latest report.

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