Indian to develop two hydropower plants in Nepal as China abandons projects

Nepal was left in a fix after two Chinese companies withdrew from the projects, West Seti Hydropower Project and the Seti River Hydropower Project, after signing the MoUs with the government

India will now develop two hydropower projects in Nepal, namely West Seti Hydropower Project and the Seti River Hydropower Project, nearly 4 years after China withdrew from these. The formal agreement was signed in Kathmandu this week, according to a report by Economic Times (ET). 
ET further reported that Nepal can earn up to Rs 31,000 crore per year by 2030 and Rs 1 trillion per year by 2045 if it sells electricity to India by harnessing its hydropower potential.