Kathmandu, 26 July: Ramesh Lamsal Employees’ Provident Fund (EPF) has promised to invest Rs 12 billion for the development of Tamakoshi ‘V’ Hydropower Project. This will be the EFP’s lone investment in the hydropower project after Rasuwagadhi, Upper Sanzen, Sanzen and Bhotekoshi projects.
A tripartite agreement on investment was carried out on Sunday at the presence of Minister for Energy, Water Resources, and Irrigation Pampha Bhusal. Executive Director of Nepal Electricity Authority (NEA) Hitendra Dev Shakya, EPF’s Administrator Tulasi Prasad Gautam and Chief Executive Officer of Tamakoshi Hydropower Project Nasib Man Pradhan agreed on a deal for the development of the 100-megawatt project.
People’s News Monitoring Service
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