Construction 36 MW Balephi 'A' Hydropower Project Starts

November 14: The construction of 36 MW Balephi 'A' hydropower project has started with a target to complete the construction by December 2018.

The project is being developed by Huwaning Development. The project's total cost is estimated to be Rs 6.08 billion cost of which Rs 4.35 billion will be financed through a consortium loan of five banks including Global IME, Sanima, Everest, SBI and NIDC Development Bank. The power house of the project which is being constructed at Golche and Gumba VDC of Sindhupalchok will be built at Golche.