Nepal – Electricity Transmission Improvement Project - Loan, Grant

15 November 2011 - The Asian Development Bank has approved the following project:

Description:

The project will make electricity supply more reliable, allowing Nepal to make greater use of its vast hydropower resources, and a cross border transmission line for energy trading with India.

Amount: $56 million equivalent loan, and $19 million grant, both from the Asian Development Fund. $250,000 from the Technical Assistance Special Fund. Cofinance of $25 million from the Government of Norway.

Project ID: 41155

For more information: http://adb.org/Projects/project.asp?id=41155