In the august presence of Sher Bahadur Deuba, Honorable Prime Minister of Nepal, NHPC Limited signed a Memorandum of Understanding (MoU) with Investment Board Nepal (IBN), Government of Nepal, for the preparation of a Detailed Project Report (DPR) and development of two hydropower projects in Nepal, namely West Seti (750 MW) and Seti River 6 project (450 MW).
The Chairman and Managing Director of NHPC Limited, A K Singh, and the Chief Executive Officer of IBN, Sushil Bhatta, signed the Memorandum of Understanding.
The signing of the MoU was witnessed by many dignitaries.