INDIA > India receives $5.34 billion in FDI in April-May 2016

On July 22, 2016 by admin

Source of this news is Times of India. See: http://timesofindia.indiatimes.com/business/india-business/India-receives-5-34-billion-FDI-in-April-May/articleshow/53337358.cms NEW DELHI: India received $5.34 billion foreign direct investment in the first two months of the current financial year, Parliament was informed on Friday....

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Chinese Rail Nepal

NEPAL> Chinese companies keen to build rail network in Nepal

On July 2, 2016 by admin

Source: eKantipur (http://tinyurl.com/jsbnur9)               At least two Chinese companies have shown interest to develop rail networks connecting China with Nepal, and one of them has submitted a...

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NEPAL > MCC to Explore Investments in Power and Transportation Sectors in Nepal

On March 6, 2016 by admin

Nepal and the US government have held talks regarding investment opportunities in energy and transportation sectors in Nepal. Regional Deputy Vice-president for Compact Operations of the US government’s Millennium Challenge Corporation, Fatema Sumar,...

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NEPAL > U.S. Government & Deloitte to Supports Expansion of Nepal’s Hydropower

On July 14, 2015 by admin

The U.S. Embassy, through the U.S. Agency for International Development (USAID), today announced the launch of the Nepal Hydropower Development Project (NHDP). This five-year, $9.8 million project implemented by Deloitte Consulting LLP will...

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NEPAL > Energy sector attracts Rs54b in FDI pledges

On June 21, 2015 by admin

With some landmark agreements over the last few years, energy has become the most lucrative sector in Nepal for foreign direct investment (FDI). The signing of the Project Development Agreement (PDA) of two...

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NEPAL > Target Seven-nation Power Grid

On March 19, 2015 by admin

A Bimstec meeting yesterday finalised a draft deal to set up power grid connections for electricity trade among its seven member countries — Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. “After...

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