Financial closure of Arun-III hydropower project inked b/w India and Nepal

  • The Arun-3 hydropower project, the largest Indian-backed project in Nepal, secured NPR (Nepaleses rupee)100 Billion for the 900 MW (mega watt) hydropower project being built on the Arun River in Nepal’s Sankhuwasabha District.
  • India’s Satluj Jal Vidyut Nigam (SJVN) Arun-III Power Development Company, the developer of the Arun-III hydropower project has signed the financial closure of the project with 7 banksin Kathmandu, Nepal.
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