Electricity expansion secures NPR 72.93 billion investment, modernization plans underway

Kathmandu – A total investment of approximately NPR 72.93 billion (USD 537 million) has been secured to enhance Nepal's electricity supply, improve its reliability and quality, and expand trade with neighboring countries. The funding will be used to upgrade and modernize the country's transmission and distribution systems. Breakdown of Investment: Asian Development Bank (ADB): Concessional…