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Prime Minister Inaugurated Mid-Marsyangdi Hydropower Plant
By KTM Metro Reporter in Kathmandu
On December 14, 2008, Prime Minister Prachanda inaugurated the Mid-Marsyangdi 70 MW hydropower plant in Lamjung coinciding with the 50th anniversary of Nepal-German Friendship Treaty. The power plant is the second largest in Nepal. So, it would help to ease the ongoing load shedding to some extent. However, only 35 MW would be generated immediately.
Cost overrun and time overrun have been the case in this project. The project cost escalated to Rs. 27 billion from the initially estimated cost of Rs. 13 billion. Time overrun run has also been double the estimated time. The project was scheduled for completion in 2004 but it competed only in 2008.
German KFW Development Bank has made available funding for this project.
