In order to reach its goal of having no emissions by 2045, Nepal is working toward energy self-sufficiency. It is noteworthy that the Asian Development Bank is supporting the 144 MW Tanahu Hydropower project, which is the second storage-type project after Kulekhani. Despite being nearly two years behind schedule due to setbacks including contractor termination, COVID-19, and new contractor selection, the Tanahu Hydropower Project (THP) is moving forward. The project is expected to start generating by 2027 at the present rate of progress; the river was redirected in September 2023. The project will guarantee a consistent supply of electricity and is located near to the load center. A one-year extension has been requested by the civil work contractor.
By Keshab Poudel Jan 29, 2024
17th years ago, Chandra Prasad Dhakal founded Global IME Bank with a vision to make it a global Nepali financial brand. Today, Global IME Bank is the largest bank in Nepal with a global presence. As it celebrates its fifteenth anniversary, Global IME Bank continues to demonstrate its strength.
By A Correspondent Jan 16, 2024