Tag: Arun-III hydropower project

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.