Nepal cancels power project with China
ANI | Updated: Nov 13, 2017 16:55 IST
"The agreement, marred by irregularities with the Chinese company - Gejuwa Group regarding the construction of Budhi Gandaki hydropower project, has been scrapped in a cabinet meeting as directed by the parliamentary committee," (Translation), Thapa tweeted.
Budhi Gandaki Hydropower Project is a storage type project, located in Central/ Western Development region on the Budhi Gandaki River of Nepal.
The project was granted to the Gezhouba Water & Power (Group) Co Ltd (CGGC) company one and half year ago by the then Maoist-led government, headed by Former Prime Minsiter Pushpa Kamal Dahal (Prachanda). (ANI)