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Upper Karnali hydro project advances as GMR submits financial closure details

The Grandhi Mallikarjuna Rao Group must finish constructing the 900-megawatt plant within five years after securing project funding.

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  1. 0:01The Upper Karnali Hydropower Project is
  2. 0:04advancing after developer GMR submitted its
  3. 0:06financial closure paperwork
  4. 0:10Grandhi Mallikarjuna Rao Group handed over
  5. 0:12the documentation to Investment Board Nepal
  6. 0:15on 15 January 2025
  7. 0:19The developer must now finish constructing
  8. 0:21the 900-megawatt hydropower project within the
  9. 0:24next five years
  10. 0:26A writ petition was previously filed
  11. 0:29at the Supreme Court on 24 December 2024 regarding
  12. 0:33the agreement timeline
  13. 0:35For the full story visit wenepal.com
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