India, Nepal to boost water resources, energy cooperation

Image
IANS New Delhi
Last Updated : Aug 24 2017 | 11:22 PM IST

India and Nepal on Thursday agreed to boost cooperation in harnessing water resources, flood management and energy as Prime Minister Narendra Modi and his Nepal counterpart Sher Bahadur Deuba held delegation-level talks here.

"The two Prime Ministers welcomed the recent meeting of specialised committees in water resources, including the Joint Committee on Inundation and Flood Management, and the Joint Team of Experts," said a joint statement after the talks, adding both hoped that these meetings would enhance bilateral cooperation in the field.

According to the statement, both Modi and Deuba asked officials to finalise, within a month, the detailed project report on the 5,000 MW Pancheshwar multipurpose project, one of the largest in this part of the world.

Deuba also reiterated Nepal's commitment to address all pending issues on priority relating to the 900 MW Arun-3 and Upper Karnali hydropower projects, in accordance with the project development agreements.

Earlier in the day, jointly addressing the media with Deuba following the talks, Modi said that he was informed that the land dispute over the Arun-3 project has been resolved and expressed gratitude for being invited to lay its foundation stone.

The statement also said that India conveyed the finalisation of DPR for the construction of head regulator and link canal from Tanakpur barrage to the Nepal side, while Modi and Deuba agreed that the work to prepare the DPR for the Sapt-Kosi high dam and Sun-Kosi storage-cum-diversion scheme should be expedited.

"The two sides also agreed to strengthen coordination and consultation on the pressing matter of inundation and flood management in the border areas," the statement said, adding it was agreed to "take expeditious steps, including joint visits, to consider appropriate measures for sustainable solution".

The two Prime Ministers also appreciated the steps taken by both sides to enhance supply of power from India to Nepal, including operationalisation of Muzaffarpur-Dhalkebar, Kataiya-Kusaha and Raxaul-Parwanipur cross-border transmission lines.

Modi and Deuba jointly remote launched the last two following Thursday's talks. Through these two new lines, each of 132 KV, India will supply 100 MW of power to Nepal in addition to the 350 MW already being supplied.

According to the statement, Deuba thanked Modi "for swift action by Indian entities" to install an additional transformer at Muzaffarpur sub-station for supplying additional power to Nepal from Muzaffarpur-Dhalkebar transmission line.

It was also agreed that both sides will continue to take measures to operationalise all aspects of the Power Trade Agreement signed in 2014.

--IANS

ab/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 24 2017 | 11:12 PM IST

Next Story