Nepal | August 13, 2020

Government finalises investment modality of Bheri-Babai diversion project

Himalayan News Service
Share Now:

KATHMANDU, JULY 28

The government has finalised the investment modality of the Bheri-Babai Diversion Multipurpose (Irrigation/ Hydropower) Project. The Ministry of Energy, Water Resources and Irrigation (MoE- WRI) has decided to take the project forward by adopting the company model as its investment modality under the ‘Nepal’s Water, People’s Investment’ scheme.

Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, had held a meeting on Monday with concerned stakeholders, including Mahendra Bahadur Shahi, chief minister of Karnali Province, to discuss on the investment modality of the project. In the meeting, Minister Pun had proposed an investment modality whereby investments would be made by the federal, province and local bodies, project-affected locals as well as the general public.

Rabindranath Shrestha, secretary at the MoEWRI, informed that a pact has been reached on the investment proposal made by minister.

According to Madhu Prasad Bhetwal, coordinator of the Bheri-Babai Diversion Multipurpose Project and joint secretary at the energy ministry, the government will have 51 per cent investment in the project with 26 per cent of it being contributed by the federal government, 20 per cent by the Karnali provincial government and five per cent by the local level governments.

Similarly, 29 per cent investment will be collected from general public across the country, 10 per cent from people in Karnali Province and 10 per cent from residents of project-affected areas, said Bhetwal. He also added that the investment will be made through shares.

Earlier, the Department of Irrigation, under the MoE- WRI, had set a target of irrigating 51,000 hectares of land in Banke and Bardiya through the project throughout the year. The project will be constructed by diverting 40 cubic metres of water per second from Bheri River and will also generate 46.8 megawatts of electricity.

Currently, the tunnel construction work of the project has been completed and the construction of headworks and power house has started.

Minister Pun said that the government has set a target to complete construction of the project in fiscal 2022-23.

The responsibility of project construction has been assigned to the Department of Water Resources and Irrigation under the MoEWRI.

Once the project is completed, it will be managed and operated by a company with shareholders, representatives of the federal, provincial and local governments and the general public.

For the aforementioned purpose, a public company called ‘Bheri-Babai Diversion Hydropower Company’ will be established under the ownership of the government.

The revised cost of the project at present stands at Rs 33.19 billion. Of this total investment, 40 per cent will be allocated for civil construction work, 35 per cent for tunnel construction, two per cent for tunnel construction consultancy services and 11 per cent for electromechanical construction of transmission line. The remaining amount has been earmarked for other official expenses.

A version of this article appears in e-paper on July 29, 2020, of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Coronavirus vaccine: Russia ahead on track, who is next?

KATHMANDU: Over 150 vaccines are being developed and tested around the world to stop the COVID-19 pandemic, of which 28 are in human clinical trials, according to the World Health Organization. Meanwhile, Russia has become the first country in the world to grant regulatory approval to a COVID-19 Read More...

Nepal COVID-19 Update: 484 new cases, 64 recoveries, eight deaths reported Wednesday

KATHMANDU: Nepal’s Health Ministry, in its regular press briefing, shared the latest updates on coronavirus contagion from across the country, and government’s response to the health crisis. As of today, 473,179 tests through Polymerase Chain Reaction (PCR) method have been carried out wh Read More...

Pandemic and State: How is state accountable?

COVID-19 Global Lens The COVID-19 pandemic presents the world with a huge challenge: everyone and every area is affected, and the response has to be both quick and consorted. This pandemic may be primarily a health crisis for some states, but COVID-19 is also an education crisis, an employment an Read More...

Kathmandu valley's coronavirus cases hit another record; 138 new infections reported today

KATHMANDU: Kathmandu valley, yet again, recorded the highest single-day Covid-19 cases on Wednesday with 109 new cases in Kathmandu district, 21 in Lalitpur, and eight in Bhaktapur. A total of 138 new infections were reported today from inside the valley. With today’s additions, active case Read More...

Dhading district

One week prohibitory order issued in Dhading to contain COVID-19 spread

DHADING: A prohibitory order has been decreed in Dhading's headquarters Dhadingbesi and its peripheral areas with the increase in COVID-19 transmission, since Wednesday. In an attempt to curb further potential spread of the highly contagious infection, the District Administration Office took a de Read More...

Bollywood actor Sanjay Dutt diagnosed with lung cancer

KATHMANDU: Bollywood actor Sanjay Dutt, who was rushed to hospital in Mumbai after complaining of chest discomfort and breathlessness, has been diagnosed with lung cancer. The news was confirmed by Bollywood's trade analyst and film industry insider Komal Nahta on August 11 night, according to I Read More...

BLACKPINK announce collaboration with Selena Gomez, to drop fresh song on Aug 28

KATHMANDU: The rumours of a BLACKPINK-Selena Gomez collaboration came true as the K-pop girl group's label YG Entertainment on August 12 revealed an updated new single release poster for BLACKPINK’s comeback and officially confirmed that the featured artiste for it would be Selena Gomez. This s Read More...

Parody poster of Sadak 2 goes viral, netizens 'dislike' trailer

KATHMANDU: A parody poster of forthcoming film Sadak 2, has gone viral on social media — the poster titled 'Sadak Chap 2' features three donkeys standing on a road. The original poster of Sadak 2 features Alia Bhatt, Aditya Roy Kapur, and Sanjay Dutt on the road. According to IANS, the spo Read More...