Czech-Nepal Investment In Trishuli III

Trishuli III, a 24.95 megawatt (MW) hydroelectricity project is being financed jointly by Czech Republic and a Nepali company. STEF Group, a Czech energy and Nepal’s Santoshi Hydropower will be mutually developing the project. The Czech company has also shown interest to invest in small hydroelectricity projects of up to 1 MW that are particularly suitable for rural electrification. Vishnu Kumar Agrawal, Honorary Consul of the Czech Republic in Nepal said that Czechs are interested to invest in three large hydro projects in Nepal. However, he refused to name the projects as the discussions are still in the primary stage. Narendra Kumar Basnyat, Acting President of Confederation of Nepalese Industries (CNI) said that Czechs are interested to expand business and investment in Nepal through cooperation. 