What are the IBN’s mandates?

The PPPIA provides two broad mandates to IBN: (a) To act as the national investment promotion and facilitation agency, providing ‘one-stop service’ for private sector investors, (b) To approve FDI of NPR 6 billion or above, carry out project studies, develop and manage (both solicited and unsolicited) projects under the public-private partnership (PPP) or private investment model as per the prevailing Act. The IBN also approves investments for the development of energy projects with a capacity of 200 MW or above.