Nepal approves $1.6 Bln Hydro project
Nepal's investment board on Monday cleared China's Three Gorges International Corp to build a long-delayed $1.6 billion new hydropower project, the single biggest foreign investment in the Himalayan country. A Nepal parliamentary panel first approved the project in 2012 but state-owned Three Gorges had been waiting for the investment board's clearance. The project is forecast for completion by 2021-22 and o ...
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