KATHMANDU, April 30: Embassy of India, Kathmandu in collaboration with the Investment Board of Nepal (IBN) and Nepal India Chamber of Commerce and Industry (NICCI) organized a Post Investment Summit India-Nepal B2B Meet in Kathmandu on Tuesday.

As Nepal Investment Summit is taking place in Kathmandu after a five-year gap on 28-29 April, the CEO of Investment Board Nepal Sushil Bhatta deserves special compliments for unleashing Nepal’s investment drawing potential at a crucial juncture when Nepal desperately needed its political economy in the right order.

KATHMANDU, April 27: The Investment Board Nepal (IBN) on Thursday signed an agreement with Dabur Nepal, paving a way to the multinational company to inject additional investments of Rs 9.68 billion in its projects.

KATHMANDU, April 13: The Investment Board Nepal (IBN) has approved investment of Rs 167.59 billion for big projects proposed for development.

KATHMANDU, Feb 27: A four-day ‘CP3P (Certified Public-private Partnerships Professional): The APMG PPP Certification Program’ kicked off in Kathmandu on Monday.

KATHMANDU, Nov 6: The Investment Board Nepal (IBN) is carrying out a feasibility study for Electric Bus Rapid Transit (eBRT) on the Ring Road of Kathmandu Valley.

KATHMANDU, Oct 23: The Investment Board Nepal (IBN) has issued the survey license of the 327 MW Upper Marsyangdi-2 Hydroelectric Project (UM2HP) to Himtal Hydropower Company.

KATHMANDU, OCT 20: The Investment Board Nepal (IBN) on Thursday permitted NHPC Limited, India, to carry out study of 750 MW West Seti Reservoir Hydropower Project.

KATHMANDU, Oct 15: Chilime Hydropower Company Limited (CHCL) has proposed Investment Board Nepal (IBN) to build two hydropower projects with a total capacity of 168 MW.

KATHMANDU, Sept 19: The Investment Board Nepal (IBN) has stepped up its efforts to run electric buses on the ring road of the Kathmandu Valley.

KATHMANDU, August 19: A memorandum of understanding (MoU) has been signed between the Investment Board Nepal (IBN) and the Indian company NHPC Limited to conduct a detailed project study survey permit of 750 MW West Seti and 450 MW Seti River 6 hydropower projects.

KATHMANDU, August 18: India will be entrusted with the construction of two large hydropower projects in Nepal. In the presence of Prime Minister Sher Bahadur Deuba, a study committee was formed under the coordination of Investment Board Nepal’s CEO Sushil Bhatta and according to the report of the same committee, the agreement will be signed this evening. The IBN is about to enter into an agreement with the approval of the Council of Ministers.

KATHMANDU, August 12: The Investment Board Nepal (IBN) approved projects with a total investment of over Rs 122 billion in the last fiscal year.

KATHMANDU, August 9: The 52nd meeting of the Investment Board of Nepal (IBN) held on Monday decided to hand over NHPC Limited, India, to study and develop 750 MW West Seti Storage Hydropower Project and 450 MW Seti River-6 Hydropower Project in Sudurpaschim Province.

KATHMANDU, June 8: The 51st meeting of the Investment Board Nepal (IBN) has decided to recommend to the Council of Ministers to extend the term of the 900 MW Upper Karnali Hydropower Project to arrange for financial management within 24 months.

KATHMANDU, June 7: The government has approved an investment worth Rs 25.92 billion to build two hydropower projects.

KATHMANDU, April 13: Investors have pledged to inject Rs 1 trillion in 31 big projects in the country.

KATHMANDU, March 10: Finance Minister Janardan Sharma has instructed the Investment Board Nepal (IBN) to move ahead with big projects by raising capital on its own. Attending the seventh meeting of the Monitoring and Facilitation Committee under IBN on Wednesday, Minister Sharma said that the ministry would extend necessary assistance to the Investment Board in building capital.

KATHMANDU, Feb 9: Dabur Nepal is injecting Rs 9.68 billion into its production plant based in Nepal, with the Investment Board Nepal (IBN) approving the investment amount for the company on Tuesday.

KATHMANDU, Oct 28: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and the Investment Board Nepal (IBN) will cooperate with each other to promote foreign investment in Nepal.

KATHMANDU, Oct 9: The government on Saturday gave its go-ahead to inject an additional capital worth Rs 73 billion in the construction and development of two hydroelectricity projects.

KATHMANDU, September 8: Nepal has faced a shortfall of investment worth Rs 558 billion annually to achieve its targets of the Sustainable Development Goals (SDGs) by 2030.

KATHMANDU, September 5: The Investment Board Nepal (IBN) has projected to facilitate investment worth Rs 1.18 trillion inside the country in the next four years.

KATHMANDU, August 18: The Investment Board Nepal (IBN) is in the process of approving projects worth Rs 400 billion.

KATHMANDU, July 12: The Investment Board Nepal (IBN) on Sunday signed a memorandum of understanding with SJVN Limited, India, to conduct a detailed project study of the 679 MW Lower Arun Hydroelectric Project.

KATHMANDU, June 22: The government has approved investment worth Rs 97 billion to construct two hydropower projects.

KATHMANDU, Jan 30: The government has decided to award the contract for the construction of the Lower Arun Hydropower Project to SJVN Limited, India.

KATHMANDU, Jan 20: The Office of Investment Board Nepal (IBN) on Sunday signed a memorandum of understanding (MoU) with the joint venture of Hydroelectricity Investment and Development Company Ltd (HIDCL) and Power China to conduct detailed feasibility of Tamor Storage Hydroelectricity Project (756 MW).

KATHMANDU, April 22: Investment Board Nepal (IBN) has said that it has received as many 48 applications for 31 out of 50 projects showcased during the recently held Nepal Investment Summit 2019.

KATHMANDU, March 17: Energy projects top the government priority for foreign direct investment (FDI) in terms of investment amount, according to the Investment Board Nepal (IBN).

KATHMANDU, Nov 26: Investment Board Nepal (IBN) has decided to issue survey licenses for building two solar power plants -- one of 150 MW in Lomanthang of Mustang district and the other of 125 MW in Chilime of Rasuwa district -- to Dolma Fund Management, a European developer.

IBN board okays PDA with NepWaste

July 19, 2018 11:39 am

KATHMANDU, July 19: Investment Board Nepal (IBN) has approved Project Development Agreement (PDA) document to be signed with NepWaste -- a Nepal-Finland joint venture company -- for implementation of Integrated Solid Waste Management of Kathmandu Valley Package 1.

KATHMANDU June 26: The Supreme Court on Monday gave continuity to its earlier stay order against the decision of the Investment Board Nepal (IBN) to seek Rs 100 million as performance guarantee from the Kathmandu Monorail Company Ltd (KMCL) before signing an MoU to prepare the detailed project report (DPR) for Kathmandu Monorail Project.

KATHMANDU, June 11: Prime Minister Khadga Prasad Oli has appointed Minister for Finance Yuba Raj Khatiwada as the vice chairman of Investment Board Nepal (IBN).

KATHMANDU, June 7: Investment Board Nepal (IBN) has said that it was holding deliberations with China Three Gorges Corporation (CTGC) regarding the financial viability of the West Seti Hydropower Project (750 MW).

IBN begins exploring new projects

April 30, 2018 08:18 am

KATHMANDU, April 30: With limited projects in its ambit, Investment Board Nepal (IBN) has now started exploring new projects, which will be later showcased at different forums to draw foreign investments.

KATHMANDU, March 10: Investment Board Nepal (IBN) has formed a seven-member panel to study and recommend measures to sort out the issues arising in the development of West Seti Project, a reservoir project of 750 MW.

KATHMANDU, March 7: Investment Board of Nepal (IBN) has concluded negotiations with NepWaste, a Nepal-Finland joint venture, for the management of municipal solid waste of Kathmandu district through a Public Private Partnership (PPP) approach, paving the way for signing of project development agreement (PDA).

KATHMANDU, May 19: Minister for Industry Nabindra Raj Joshi has said that the Investment Board Nepal (IBN) should collaborate with different ministries and authorities to speed up mega infrastructure projects.

KATHMANDU, Feb 11: Investment Board Nepal (IBN) has proposed to launch an international bidding for Tamakoshi III Hydropower Project.

KATHMANDU, Dec 1: Investment Board Nepal (IBN) has not been able to hold even a single board meeting in the past four months. Reason: Prime Minister Pushpa Kamal Dahal, the chair of the IBN board, has no time to attend the meeting.

IBN seeks time-bound plan from GMR

September 5, 2016 01:10 am

KATHMANDU, Sept 5: The Investment Board Nepal (IBN) has asked the developer of Upper Karnali Hydropower Project to submit time-bound activities, including its plan to sign power purchase agreement and financing agreement with financial institutions, before taking any decision on its application to extend deadline to achieve financial closure.

CNI President appointed IBN member

July 27, 2016 20:56 pm

KATHMANDU, July 27: President of Confederation of Nepalese Industries (CNI) Hari Bhakta Sharma has been appointed as the member of Investment Board Nepal (IBN).

KATHMANDU, July 14: Former CEO of Investment Board Nepal Radhesh Pant has filed a writ petitioni at the Supreme Court, questioning the academic qualification of incumbent CEO Maha Prasad Adhikari.