Nayagarh,(Baghuabarta): India has completed and handed over to Nepal a 22KV power transmission line, a cross-border economic initiative under India’s Neighbourhood First policy, an official statement said on Wednesday. The 106-km Koshi Corridor transmission line, costing a total of NRs 10.40 billion (USD 86.8 million) is being built under Government of India’s Line of Credit of USD 550 million, extended by the EXIM Bank of India, the Indian Embassy here said in a statement. The package 1 of this project, worth NRs 4.5 billion (USD 37.3 million), was executed by India’s Kalpataru Power Transmission Ltd (KPTL) and handed over to Nepal Electricity Authority after successful completion and charging of the line.
India Completes, Hands Over Power Transmission Line To Nepal: Indian Embassy
