Expedite Upper Trishuli-1 PDA: Heo

KATHMANDU: Korea South-East Power Co CEO Heo Yup met Energy Minister Top Bahadur Rayamajhi and urged him to accelerate project development agreement (PDA) for Upper Trishuli-1 Hydro-electric Project. Heo, who is currently in Kathmandu, in a mission to monitor the overall progress made on the project, also visited to Dail Community on Thursday and distributed Rs500,000 to the community. Located in Rasuwa district with an installed capacity of 216MW, the project is being developed by Korea South-East Power Co, Daelim Industrial Co and Kyeryong Construction Industrial Co, local sponsor, and IFC through Nepal Water and Energy Development Company. In the aftermath of the April, May earthquake, Korea South-East Power Co handed over $50,000 to the Nepali Ambassador in Seoul on May 21, 2015. Moreover, with having MOUs with government entities worth of $400,000, the Hydro company distributed 37.7 tonnes of rice to 861 households living in temporary shelter, distributed 1,452 litres of cooking oil to the internally displaced persons, supported to construct  265 temporary shelters by distributing 1,555 tonnes of CGI sheets. (PR)

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