In Short : The Asian Development Bank has unveiled a new 5-year Country Partnership Strategy (2025–2029) for Nepal, targeting sustainable, inclusive, and climate-resilient growth. With annual support of $500–600 million, the plan focuses on green infrastructure, private sector development, education, and institutional reform. It aims to boost economic transformation through renewable energy, connectivity, agri-commercialization, and […]
India gifts 15 electric vehicles to Nepal – EQ
In Short : India has gifted 15 electric vehicles to Nepal to support the Sagarmatha Sambaad, an international dialogue on climate change and mountain ecosystems in Kathmandu from May 16–18. Indian Ambassador Naveen Srivastava handed over the vehicles to Nepal’s Foreign Minister Arzu Rana Deuba, reinforcing bilateral cooperation and facilitating the event’s logistics. In Detail […]
IREDA, SJVN, GMR and NEA Seal Partnership for 900 MW Upper Karnali Hydropower Project in Nepal – EQ
Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydro-electric Project in Nepal. This strategic initiativeaims to strengthen regional energy security and accelerate renewable energy growth. The joint venture agreement lays […]
Nepal to export 1,000 MW electricity to India: EAM Jaishankar – EQ
In Short – Nepal plans to export 1,000 MW of electricity to India, according to India’s External Affairs Minister (EAM) S. Jaishankar. This move highlights the growing energy cooperation between the two neighboring countries, as they strengthen their bilateral ties through cross-border energy trade. In Detail – Nepal will export close to 1,000 megawatt of […]
Nepal Celebrates Rice Plantation Day, Energy Experts Stress On Use Of Alternate Energy To Bring In Food Security In Nepal – EQ
In Short : Nepal celebrated Rice Plantation Day, where energy experts emphasized the adoption of alternative energy sources to enhance food security. This approach aims to reduce dependency on traditional fuels, improve agricultural productivity, and foster sustainable development in Nepal. In Detail : Monsoon arrives in Kathmandu valley today and farmers are celebrating Rice Plantation […]
India, Nepal set to ink long-term power deal next week – EQ Mag
India and Nepal are set to sign a long-term energy deal next week that would involve New Delhi importing 10,000 megawatts of electricity from the Himalayan state over the next 10 years. During Prime Minister Prachanda’s recent India visit the two sides had agreed in principle that India would import 10,000 megawatts of electricity from […]
ADB Funds Rural Roads in Nepal – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $100 million concessional loan from ADB’s ordinary capital resources for the additional financing of the ongoing Rural Connectivity Improvement Project that is upgrading rural roads and enhancing rural communities’ access to markets in Nepal. “As a landlocked country, upgrading and connecting rural roads to […]
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 […]
Nepal to host power summit to explore energy markets on apr 18 19 – EQ Mag
Nepal is to host the Power Summit 2013 at a joint initiative of Indian and Nepalese companies to meet its energy crisis by hastening the pace of hydropower development through foreign investment. The Summit aims to meet domestic power demand through increased investment in the power sector, invite foreign investment in hydropower and to prepare […]
Nepal proposes selling an additional 222 MW of electricity to India – EQ Mag Pro
Kathmandu : Nepal has proposed selling an additional 222 MW of electricity to India as it is facing losses of up to 800 MW daily due to increasing electricity generation within the Himalayan nation and decreasing domestic demand. In June, Nepal started exporting the total approved 364 MW of electricity to India through its power […]