MCC in crisis: Transmission line project faces scrutiny due to error in determining actual cost

The Millennium Challenge Corporation (MCC) compact was seen to be a game changer in Nepal. However, lately, there seem to be many flaws in the basic design and environmental impact study report of the transmission line project.

The Millennium Challenge Account (MCA) Nepal has granted approval and revised the reports for the construction study of the transmission line, lacking a robust economic cost analysis. The projected cost is now estimated to be 66 per cent higher than the initial anticipation, leading to the need for approval and subsequent revisions.