Nepal is hosting an investment summit, hoping to attract much-needed foreign investment. It particularly wants to develop hydropower projects to produce more electricity that it can sell to neighboring countries.
KATHMANDU , Nepal — Nepal hosted an investment summit Sunday in hopes of attracting much-needed foreign investment, especially in developing hydropower projects to produce more electricity that it can sell to neighboring countries.
Nepal is home to eight of the tallest mountain peaks in the world and has several rivers flowing down from them, bringing huge hydropower potential. But only a few projects have been built in the poor south Asian nation. “This explicitly shows the enormous opportunities to invest in the hydropower sector in Nepal,” Dahal said, adding that the existing and planned cross-border transmission line with India and China aids energy exchange within the region.Protests drove Nepal’s king off the throne 16 years ago.
Kathmandu Renewable Energy COVID-19 Pandemic Politics Hospitality And Leisure Industry Pushpa Kamal Dahal F Business
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Protesters demanding restoration of Nepal's monarchy clash with policeHundreds of protesters demanding the restoration of the monarchy in Nepal have clashed with riot police in Kathmandu. Supporters of the former King Gyanendra, who was removed from power in 2008, attempted to crash through police barricades onm Tuesday in a bid to reach the offices of the prime minister and other key government departments.
Read more »
Manifestantes a favor de la restauración de la monarquía en Nepal se enfrentan a la policíaKATMANDÚ, Nepal (AP) — Cientos de manifestantes que exigían la restauración de la monarquía en Nepal se enfrentaron el martes a la policía antimotines en la capital del país, Katmandú.
Read more »
Mount Everest: Nepal to remove trash and dead bodies from world’s tallest mountainEditor&8217;s note: CNN’s Esha Mitra and Amy Woodyatt contributed reporting. (CNN) — As the 2024 Himalayan mountaineering season gets underway, another high-altitude project is in the works: removing tons of trash from Mount Everest.
Read more »
Thousands march for restoration of monarchy, Hindu state in NepalSupport has been brewing for the restoration of the monarchy and Hindu state as dissatisfaction grows in the Himalayan country over political instability, corruption and slow economic development.
Read more »
Groups raise money to support hit-and-run victim studying in Utah from NepalAfter being victimized by an accused serial hit-and-run driver, local communities are rallying around a Nepalese transfer student.
Read more »
Qatari emir in Nepal, expected to tackle migrant conditions and Nepali student held hostage by HamasThe emir of Qatar has landed in Nepal on his first-ever visit to the South Asian country, after visiting Bangladesh and the Philippines, where improving migrant workers’ conditions in the Gulf state and a Nepali student still held hostage by Hamas are expected to be on the...
Read more »