Construction of Madhyakhola Hydro Power Project gaining speed

Construction of Madhyakhola Hydro Power Project gaining speed

Phalebash (Parbat), June 5: The construction of the Madhyakhola Hydro Power Project with 15.1 megawatt capacity is gaining speed after stalling under the impact of the undeclared blockade of transit points at southern border.

The project which started in mid February of 2015 has now started digging tunnels after purchasing land from the locals.

The project launched by Himal Hydro Construction Company is currently working at completing works at dam area and power house, Project Chief, Hari Devkota said. The project has completed 400 metres of tunnel of the total of 800 metres.

The Rs 2.8 billion project has a major share of industrialist Binod Chauhdary with investment from Prime Bank among other Banks and Financial Institutes (BFIs). RSS