NEA, KU sign pact
KATHMANDU: A 2.4-megawatt hydropower station of Panauti will be developed into a study centre for students of Kathmandu University.
A memorandum of understanding (MoU) was signed between Ram Kantha Makaju, vice chancellor of Kathmandu University and Kul Man Ghising, managing director of Nepal Electricity Authority, to use the power station as study centre.
The university will conduct training programme for its students of civil, mechanical and electrical engineering at the premises of the power station.
The university will invest from its own resources for the maintenance and augmentation of the power station, which started commissioning power 53 years ago.
The university will share 10 per cent of the profit generated from the trainings/workshops with NEA.
The MoU will be valid for next 10 years.