KATHMANDU, Nepal (AP) — Nepal hosted an investment summit Sunday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more electricity that it can sell to neighboring countries.
Several foreign investors were attending the two-day meetings in the capital, Kathmandu, where Nepali officials urged investment in developing hydropower projects and in other areas like tourism and industry.
Nepal is home to eight of the tallest mountain peaks in the world and has several rivers flowing down from them, bringing huge hydropower potential. But only a few projects have been built in the poor south Asian nation.
“Our hydropower potential holds the promise of abundant renewable and clean energy supply,” Nepal’s prime minister, Pushpa Kamal Dahal, told the delegates. However, he said, “only 3,200 megawatts have been harnessed so far and only about 5,568 megawatt large-scale projects are under construction or in the pipeline.”
Related articles:
Related suggestion:
Biden administration restricts oil and gas leasing in AlaskaStanding in the shadows of giants: 1,475 statues fill the landscape beside DEurope discards Arsenal and Liverpool shift focus to EPL title raceIndianapolis official La Keisha Jackson to fill role of late state Sen. Jean BreauxHawaii Supreme Court chides state's legal moves on water after deadly Maui wildfireEd Westwick puts on a dapper display as he steps out with stunning fiancée Amy Jackson for starTaylor Swift leaves QR codes with secret meanings in Sydney and Melbourne ahead of the muchAmanda Holden reveals a huge secret about THAT nude appearance on her Heart FM breakfast showStanding in the shadows of giants: 1,475 statues fill the landscape beside DJAN MOIR: Another day, another desperate Montecito dollar. This time with jam on it!
2.8709s , 6503.2421875 kb
Copyright © 2024 Powered by Nepal hosts an investment summit in hopes of attracting foreign money for hydropower projects ,World Wave news portal