TEHRATHUM: A high-level team from OIBN led by CEO Mr. Maha Prasad Adhikari conducted a reconnaissance field visit from December 17 to 22, 2019 in districts that will be affected by the Tamor Hydropower Project. The project was showcased at Nepal Investment Summit held from March 29 to 30, 2019. The OIBN subsequently completed the initial screening of applications and evaluations of detailed proposals for the project.
The 41st meeting of the Investment Board Nepal (IBN) convened on October 11, 2019 granted OIBN the permission to sign a Memorandum of Understanding with the proposed consortium of Power Construction Corporation of China Ltd (PCCCL) and Hydroelectricity Investment and Development Company Ltd (HIDCL) to conduct a Detailed Feasibility Study (DFS). The meeting also granted authority to issue a survey license for the study. Officials from HIDCL also visited the proposed dam site, the power house site, and areas in project-impacted districts that will be inundated. The visit was primarily aimed at conducting a preliminary assessment of the site, understanding the extent of the potential inundation area identified by OIBN, assessing the potential impact of existing hydropower projects and other infrastructures, highways and bridges. Other OIBN members present during the visit were Under Secretary Mr. Raju Guragain, and consultants Mr. Hari Krishna Uppreti, Mr. Ganesh Acharya and Mr. Bipin Basnet. Similarly, HIDCL’s CEO Mr. Chhabi Raj Pokharel and Deputy General Manager Mr. Arun Rajauriya were also among the visiting team members. The team also observed the operation of 116 Lower Hewa Hydropower Project, which is located in the project affected area. The team also visited Kabeli-A Hydropower Project site and interacted with project officials.