Nepal has decided to allow India’s Satluj Jal Vidyut Nigam (SJVN) Limited to develop a alternate hydropower design in the country. At present, SJVN is developing a 900- MW Arun- III hydroelectric design, a run- of- swash located on the Arun River in Eastern Nepal, listed to be completed in 2024. A meeting of the Investment Board Nepal (IBN) chaired by Prime Minister Pushpa Kamal Dahal aka Prachanda, approved the draft design development agreement (PDA) to be inked with India’s state- possessed SJVN to develop the 669- megawatt (MW) Lower Arun Hydropower design in eastern Nepal.
