Govt told to scrap decision to award Budhi Gandaki to Chinese firm

Published On: September 26, 2017 07:30 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Sept 26: A joint meeting of the parliament’s Agriculture and Water Resources Committee (AWRC) and Finance Committee has instructed the government to halt the process of allowing China Gezhouba Group Corporation (CGGC), a Chinese government undertaking, to develop Budhi Gandaki Hydropower Project. 

The meeting of the two house panels held on Monday decided to direct the government to scrap the Memorandum of Understanding (MoU) to award the 1,200-megawatt hydroelectric project to the Chinese developer. The MoU was signed in May.

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