Nepal, China Sign Mega Hydropower Agreement
Nepal has signed an agreement with a Chinese company to build the largest hydroelectric plant in the impoverished landlocked country, which suffers from a chronic energy shortage. Nepal’s energy minister Janardan Sharma on Sunday signed the agreement for the China Gezhouba Group Corporation (CGGC) to build the long-mooted 1,200 megawatt Budhi-Gandaki hydroelectric project. Estimates put … Read more