Monday, July 21, 2014

Hydropower deal before Modi’s Nepal visit: Energy Minister


 Minister for Energy Radha Gyawali has claimed that agreement between India and Nepal on the hydropower proposal floated by the latter will be forged before the visit of Indian Prime Minister Narendra Modi.
Speaking at a programme held at the Reporters Club in the Capital on Monday, the minister informed that a meeting of the Council of Ministers would take a call on whether to hold a secretary level meeting in New Delhi. The decision would be made once Prime Minister Sushil Koirala returns from the US, she added.
She further noted that other sectors in the country cannot prosper without the development of the energy sector.
Minister Gyawali clarified that signing of the Pancheshwor project under the Mahakali agreement will also take place during the Indian PM's visit.
"The backbone of Nepal's development is the development in energy sector," she said, "Nepal cannot develop without it. There shouldn't be any politics in the energy sector."
The Indian proposal on ‘Cooperation in Power Sector’ has already generated controversy as several Nepali media have criticised the proposal saying that it would warrant the Indian side's domination in Nepal's energy sector including generation and power trading.
The Indian Embassy in Kathmandu has, however, refuted the media reports regarding its energy and power proposal claiming that India's proposal of cooperation in the hydro sector is not against Nepal's interests.

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