Kathmandu, March 20: Minister for Energy Janardan Sharma has urged the Nepalis working in various countries across the world to consider investment in the hydro electricity projects that would yield results soon.
At an interaction programme held with the Nepalis working in South Korea on Sunday, Minister Sharma shared that the government encourages the Nepalis working abroad in the hydro electricity projects like Sunkoshi, Nalsinghgadh, Sharada and Upper Arun among others.
Stating that the government had launched ‘Remit Hydro’ concept for the Nepalis abroad to inject money for the development of hydro power projects, the Minister reaffirmed the Ministry of Energy’s commitment to ensure profit to the investors.
Sharma also shared about the establishment of the Power Generation Company and Transmission Line Company to streamline the power production and distribution.
He said that the government would lure the foreign investors to invest in the mega projects.
The Nepalis in South Korea had asked the Minister about various procedures for investment, according to Minister’s personal secretary Krishna KC.
Minister Sharma, during his time in South Korea, is scheduled to hold meeting with officials of the Ministry of Trade, Industry and Energy. RSS
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