Wednesday, September 19, 2012

Nepal Maoists Do Their Handlers' Bidding

Nepal and China have sealed the deal for the $1.6 billion West Seti Hydropower Project in West Nepal. The project was earlier designed to supply electricity to India, but it will now be meeting Nepal’s own domestic requirements with the surplus being sold to China.
Several of India's projects have been stalled because of various reasons such as protests from Maoists against awarding deals to foreign companies. Projects like the Upper Karnali and Arun III have not showed any progress despite MoUs having been signed years ago. Last year, a GMR Power-led consortium’s camp site office in Dailekh district was reportedly burnt down.
Nepal is estimated to have 43,000MW hydropower generation capacity, but the actual production is a woeful 650 MW.
DNA: Delhi loses initiative as Nepal seals power deal with Beijing

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