KATHMANDU, April 4 -- The Investment Board Nepal (IBN) has sanctioned investments totaling Rs 100 billion for five distinct projects.

The 57th meeting of the IBN, held on Thursday, approved investments amounting to Rs 100 billion across five projects. These projects include the Super Tamor Hydropower Project, Upper Morang A Hydropower Project, a Solar Energy Project in Kohalpur Badganga, HuaXin Narayani Cement, and the Lower Manang Marsyangdi Hydropower Project.

IBN Spokesperson Pradyumna Prasad Upadhyay announced the approval of investments for these projects. He mentioned the formation of a negotiation committee to discuss the Project Development Agreement (PDA) for the solar energy project at the upcoming Investment Conference, as th...