KATHMANDU, Jan 5: The 140 MW Tanahu Hydropower Project, one of the biggest reservoir-type projects in the country, has paid Rs 1.30 billion in land compensation.

KATHMANDU, March 8: Tanahu Hydropower Limited (THL) has terminated the contract for diversion and headworks of Tanahu Hydropower Project signed with Italian firm CMC.

KATHMANDU, Dec 18: Italian firm Cooperativa Muratori e Cementisti (CMC) di Ravenna has won two other major contracts in the last 18 months, probably due to a good track record in the tunnel work in Melamchi. But the apparent attempt to abscond by key staff and also poor financial health back in Italy have put at risk one major independent power producer in Nepal.