Nepal scraps power deal with Chinese firm | The Daily Star
12:00 AM, November 15, 2017 / LAST MODIFIED: 12:00 AM, November 15, 2017

Nepal scraps power deal with Chinese firm

Nepal has cancelled an agreement with a Chinese company to build the largest hydroelectric plant in the impoverished landlocked country, which suffers from chronic energy shortages.

The project, agreed in June, would have nearly  doubled Nepal's current hydropower production and cost an estimated $2.5 billion.

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