Achham, Nov. 18 -- The construction process for the 20-megawatt Budhiganga Hydropower Project- discussed for nearly three decades-has finally begun.
With 20 percent investment from Nepal government and 80 percent loan financing from the Saudi Fund for Arab Development and the Kuwait Fund for Arab Economic Development, the Department of Electricity Development has initiated construction.
On September 14, the project signed a contract under the Engineering, Procurement, and Construction (EPC) model.
The contract had previously been cancelled three times for various reasons.
The fourth contract has now been signed between the Chinese company Super Power Engineering Construction and the Nepali company Baniya Nirman Sewa Pvt Ltd of Makwanp...
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