OIBN facilitates the construction of the transmission line for Hongshi Shivam Cement

KATHMANDU: In an effort to explore the solution to a delay in the construction of the transmission line for Hongshi Shivam Cement, Office of the Investment Board Nepal (OIBN) organized a joint meeting with the project’s top officials and Nepal Electricity Authority (NEA), on December 15, 2020. During the meeting at OIBN, Mr. Hitendra Dev Shakya, the acting managing director of NEA, expressed his commitment to arrange the power supply by constructing a transmission line for the project by May 2021.
On the occasion, OIBN CEO Mr. Sushil Bhatta said the contribution of mega projects to the national economy was significant and that OIBN was committed to offering maximum facilitation efforts for the smooth development and implementation of such crucial projects. Mr. V. N. Goyal, chairman of Hongshi Shivam Cement Project, shared the problems the project is facing due to delays in the construction of the transmission line dedicated to the project. ♦