Nepal clears China plan for $1.6 bln hydroelectric dam | Reuters

The project, set to be completed in 2019, is expected to ease the crippling power shortage in Nepal whose economy is still emerging from a decade-long civil war - conflict that scared away investors and slowed infrastructure projects.
Aid-dependent Nepal, with 900 megawatt of electricity shortage, is one of the world’s 10 poorest countries where tourism and hydropower are two key areas in which the government is trying to attract foreign investment.
Nepal clears China plan for $1.6 bln hydroelectric dam | Reuters

The project, set to be completed in 2019, is expected to ease the crippling power shortage in Nepal whose economy is still emerging from a decade-long civil war - conflict that scared away investors and slowed infrastructure projects.

Aid-dependent Nepal, with 900 megawatt of electricity shortage, is one of the world’s 10 poorest countries where tourism and hydropower are two key areas in which the government is trying to attract foreign investment.