Nepal wants to attract Indian investments in energy sector, seeks alternative air routes: Foreign Minister Saud – EQ Mag
Kathmandu : Nepal wants to attract more Indian investments in its energy sector specifically for the development of hydro-power, Nepal’s Foreign Minister NP Saud said on Wednesday, underlining that the Himalayan nation wants a power deal with India so that it can export electricity to Bangladesh as well by utilising the Indian grid.
Foreign Minister Saud, who is accompanying Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on a four-day official visit, also told PTI that a wide range of issues, including trade, transit, connectivity and border issues will be covered during bilateral talks.
‘Prachanda’ will hold talks with his Indian counterpart Narendra Modi and other leaders in New Delhi to further strengthen the age-old, multifaceted and cordial ties. Saud also said, “We would also like to have India’s line of credit for the construction of transmission lines.” Nepal wants to attract more Indian investment in the energy sector.