Nepal, India sign deal for $1.3 billion Lower Arun Hydropower project

This is the second mega project undertaken by the southern neighbour after the $1.04 billion 900-MW Arun-3 hydroelectric project in the Arun river in 2018.

Nepal on Sunday signed a pact with India’s state-owned Satluj Jal Vidyut Nigam to develop the 679-megawatt Lower Arun Hydropower project in eastern Nepal.