Nepal Electricity Authority awards contract to GE for grid upgrade
Nepal Electricity Authority (NEA) has contracted GE Renewable Energy’s Grid Solutions to upgrade three gas-insulated substations.
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ADB approves loan to support grid modernisation project in Nepal
The Asian Development Bank (ADB) has agreed to support the Electricity Grid Modernization Project in Nepal by approving a concessional…
Nepal receives $200m ADB loan for power transmission system upgrades
The Asian Development Bank has agreed to support the upgrade of power supply and transmission systems in Nepal with a…
World Bank to support Nepal’s energy sector with $100m credit
The World Bank has agreed to support Nepal’s energy sector reform by providing a $100m development policy credit to the…
AIIB grants loan to improve electricity access in Nepal
The Asian Infrastructure Investment Bank (AIIB) has agreed to provide a sovereign-backed loan of $112.3m to Nepal to increase electricity…
ADB to offer financing for hydropower plant in Nepal
The Asian Development Bank (ADB) has signed an agreement to provide $60m in financing to Nepal Water and Energy Development…
AIIB approves $90m loan for Upper Trishuli-1 hydropower project
The Asian Infrastructure Investment Bank (AIIB) has agreed to provide financial support for the Upper Trishuli-1 hydropower project in Nepal.