SJVN Limited’s CMD Nand Lal Sharma on Monday virtually addressed the participants of ‘India-Nepal Development Partnership Conclave.’ Deputy Prime Minister & Minister of Physical Infrastructure and Transport, Government of Nepal Narayan Kaji Shrestha was the chief guest of the conclave.
Sharma, key Speaker and Panelist of the session ‘Strengthening Cross-border Connectivity for mutual benefit’ said that SJVN is a Key Partner and Trusted Investor in socio-economic development of Nepal. SJVN Limited is executing one of Nepal’s transformative Public Private Partnership Project i.e 900 MW Arun-3 Hydro Electric Project. This is the largest Foreign Direct Investment in Nepal. SJVN is also executing 669 MW Lower Arun Hydro Project & 490 MW Arun-4 Hydro Project on the same Arun river basin.
Sharma stated that SJVN aims to secure hydro projects of 5000 MW by 2030. Allocation of economically viable hydropower projects of Nepal to SJVN would be a mutually beneficial endeavor for both nations. It will help Nepal in becoming the power house of hydro energy in the region.
The Conclave was organised by Embassy of India, Kathmandu in collaboration with Centre for South Asian Studies at Kathmandu Nepal. On this occasion, Indian Ambassador to Nepal His Excellency Sh. Naveen Srivastava, Chief Secretary Shankar Das Bairagi, other eminent dignitaries and speakers of international repute were also present
