Nepal cancels deal with Chinese firm to build 1200MW hydro project

14 November 2017

Nepal has cancelled a US$2.5 million deal with China Gezhouba Group Corporation to build a 1200MW hydroelectric project on the Budhi Gandaki river, Reuters has reported.

Lapses in the award process were cited as reasons for the cancellation, although no further details were immediately available.



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.