KATHMANDU, Nov 29: China Gezhouba Group of Company (CGGC) Limited has objected to the government's decision to scrap the Memorandum of Understanding (MoU) signed with it for development of Budhi Gandaki Hydroelectric Project

KATHMANDU, Nov 13: A Cabinet meeting on Monday has canceled the agreement with China Gezhouba Group Corporation in principle to let the Chinese company build the 1,200 MW project under the engineering, procurement, construction, and finance (EPCF) model of project development.

KATHMANDU, June 8: Dr Baburam Bhattarai-led Naya Shakti Party-Nepal (NSPN) has flayed the government decision to handover Budhi Gandaki Hydro Project to China Gezhouba Group Corporation (CGGC), China’s government-owned Company.

KATHMANDU, June 5: The government has formally awarded Budhigandaki Hydroelectric Project to China Gezhouba Group Co Ltd (CGGC).

KATHMANDU, Aug 16: China Gezhouba Group Corporation (CGGC) has expressed willingness to develop Budhigandaki Hydropower Project (1200 MW).