NEPAL > Frost & Sullivan Bets on Nepal

F&S Frost & Sullivan Bets on Nepal And by bet, I mean opening of an office in Kathmandu.. at least to begin with. Frost & Sullivan is a California, US based consulting company focused on “transformational growth strategies driven by disruptive technologies, mega trends, emerging markets and new business models” according to its website. Frost & Sullivan aims to put Nepal More …

NEPAL > Cable Car as an Urban Form of Transportation in Kathmandu ?

cablecar My Republica published the article titled  “Baudha to Tahachal in 30 minutes by cable car!” outlining a feasibility study done to address the need for a supplemental form of public transportation in Kathmandu. It further writes: “One can go from Baudha to Tahachal in 30 minutes by cable car and at a reasonable fare, according to a feasibility study. The More …

NEPAL > Nepal approves $ 140 mn proposal by Chinese cement firm

China-huaxin Nepal has approved a USD 140 million investment proposal by a Chinese company to set up a cement plant in the country, the second largest FDI proposal in the sector from China to Nepal. The Investment Board Nepal (IBN) in a meeting chaired by Prime Minister K P Sharma Oli yesterday, approved the proposal of China’s Huaxin Narayani Investment to More …

NEPAL > Belgian Company – BIO – enters Nepalese hydropower market

bio_logo Belgian Investment Company for Developing Countries (BIO) has entered into Nepalese hydropower. It is going to invest US $ 20 million in the 82 MW lower Solu hydropower (one of the super six projects) developed by Essel Clean Solu Hydropower Private Limited. It is participating in a loan arranged by the Dutch development bank, FMO, under the risk sharing agreement More …

NEPAL > China, Nepal jointly invest US$ 300 Million on cement project in Nepal

cem4 KATHMANDU, March 17 (Xinhua) — Two private companies from China and Nepal signed an agreement of joint venture investment worth 300 million U.S. dollars here on Tuesday for cement production in Nepal. The investment, one of biggest in Nepal’s cement sector, has a 7:3 equity structure between Hongshi Holdings Limited of China and Nepal’s Shiva Cement. “This project with advanced More …

NEPAL > China’s CWE forwards $1.5b FDI proposal to Investment Board of Nepal

West-Seti KATHMANDU, MAR 08 – The development of the 750MW West Seti Hydropower Project has taken a step forward, with China’s CWE Investment Company forwarding a $1.5-billion foreign direct investment (FDI) proposal to Investment Board Nepal (IBN). CWE, a subsidiary of China Three Gorges Corporation (CTGC), had signed a Memorandum of Understanding (MoU) with IBN in August 2012. The latest proposal, More …

NEPAL > Unbundling of Nepal Electricity Authority (NEA) starts

nea KATHMANDU, Feb 23: The government has started unbundling of the Nepal Electricity Authority (NEA) deeming that development of energy sector suffered while generation, transmission and distribution/sale of electricity were handled through a single body. The Energy Ministry has started process to form Grid Development Company by separating transmission from the NEA in the first stage. The ministry has also started More …

NEPAL > Industrial Promotion Board approves 3 other hydro FDI projects

hydro images KATHMANDU, FEB 16 – Development of three FDI-funded hydropower projects is all set to move ahead, with the Industrial Promotion Board (IPB) on Sunday giving its go-ahead. The 214th meeting of the IPB chaired by Industry Minister Mahesh Basnet cleared a proposal of 92 percent foreign direct investment (FDI) and 8 percent domestic investment in 65MW Kaligandaki Upper Hydro Project. More …