Rs 83 billion allocated to energy sector, Tamor enlisted in national pride project

budget fiscal year 2019/20, energy sector

KATHMANDU, May 29: The government is including the Tamor Reservoir Project as a national pride project.

Finance Minister Dr. Yuba Raj Khatiwada, while presenting the budget for the coming fiscal year in the joint session of the Federal Parliament Wednesday, said the Upper Tamakoshi Hydroelectricity Project will be completed within the next fiscal year and projects of total 1,000 megawatts capacity including Rasuwagadhi and Sanjen will have been completed by next fiscal year.

Similarly, the process has been forwarded for the construction of projects such as West Seti, Dudhkosi, Nalgadh by preparing an appropriate model.

Similarly, the budget has been allocated to the Budhigandaki Hydroelectricity Project, a national pride project, in the next fiscal year as well.

Finance Minister Dr. Khatiwada stated that Rs 83.49 billion has been allocated to the energy sector in the budget for the next fiscal year.

The government has also stated that 21 projects would be developed with investment from citizens to produce 3,500 megawatts power.

Similarly, the government has planned to develop one project with investment from employees.

The government has the goal of moving ahead the implementation of big projects through the public-private partnership. Special efforts would be undertaken for the domestic consumption of electricity. RSS