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Online edition of India's National Newspaper Tuesday, May 09, 2000 |
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India, Nepal discuss power projects
By Our Special Correspondent
New DELHI, MAY 8 The visiting Nepalese Foreign Minister, Dr. C.P.
Bastola, and the Union Water Resources Minister, Mr. C.P. Thakur,
on Monday discussed the possibility of involving the private
sector, besides the Government, in the development of power and
trade between the two countries.
Mr. Bastola suggested working out modalities of development of
hydro-power projects and the terms of power trade. It was felt
that smaller projects could be immediately executed by Indian
experts and the possibility of investment could also be explored.
Both sides felt the need for generation of hydro- electricity at
cheaper rates.
The two sides agreed on a two-year time-frame for the Joint
Project Office on the Pancheshwar Multipurpose Project on the
Mahakali river for completion of detailed reports.
The Indian Government would undertake a comprehensive overview of
various issues relating to implementation of the Mahakali
treaty . Both sides recognised the need for resolving various
issues on development of various water resource projects
including the Sapta Kosi High dam, extension of embankments on
the rivers Lalbakeya, Kamla, Bagmati and Khando in Nepal and
establishment of remaining flood forecasting and warning stations
on rivers common to both countries.
On the Nepal Minister's request for expeditious construction of
embankments, Mr. Thakur hinted that the Centre might take over
the task if State Government was slow in implementation. An
Indian delegation led by Mr Thakur would visit Nepal in June to
hold the next round of discussions.
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