Nepal and India to build hydropower plant for highlands supply

Power Company NEA, Nepal, and Hydropower Company SJVN, India, have signed a memorandum on construction of Arun-4, a 490 MW hydropower plant (HPP). The project, which is valued at 79.1 billion rupees (slightly over $1 billion), will be implemented in the Sankhuvasabha district where Mount Makalu, one of the five largest peaks in the world, is located.

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