Millennium Challenge
Account Nepal (MCA-Nepal) today commemorated the initiation of construction of
the 18-kilometer (km) transmission line and the New Butwal Substation in Sunawal,
Nawalparasi (Bardaghat Susta West). The new infrastructure, part of the
Millennium Challenge Corporation (MCC) Nepal Compact, will strengthen Nepal’s
electricity grid and establish a major energy trade interconnection between
Nepal and India, according to MCA-Nepal.
MCA-Nepal Executive Director Khadga Bahadur
Bisht joined Finance Minister Rameshore Prasad Khanal, the US Ambassador to Nepal Dean Thompson, and MCC Resident Country Director Diane
Franscisco at the Construction Initiation event.
Khanal, on the occasion, said, “This project reflects the Government of Nepal’s strong commitment to
expanding clean energy access, enhancing regional power trade, and supporting
our national goal of long-term economic growth. With the support of MCC and
MCA-Nepal, we are turning agreements into action for the benefit of the country."
"The United States is
proud to stand with Nepal as a committed partner in building a more reliable
energy system,” said the US Ambassador to Nepal Dean Thompson. “Projects like this
transmission line and substation will not only help keep the lights on for families
and businesses, but also create opportunities for trade, growth, and prosperity
across the region. Today’s event is a testament to what we can achieve
together.”
“Today marks a new
chapter in strengthening Nepal’s energy security,” said Executive Director Bisht, on the occasion. “The transmission line and substation will create new opportunities for power
trade and bring long-term benefits to our citizens," he said, adding that MCA-Nepal was proud and
committed to implementing this project in close partnership with the Government
of Nepal and MCC.
The 18-km Transmission
Line will connect the 400kV New Butwal Substation to the Nepal-India border.
Together, these projects represent nearly $50 million in investment and will
help Nepal export clean hydropower to India under the landmark 2024 power trade
agreement, which envisions 10,000 megawatts (MW) of electricity exports over
the next decade.
The 18-km transmission
line and New Butwal Substation are vital to Nepal’s economic future because
they will connect the country’s growing hydropower supply to regional markets.
By strengthening the backbone of Nepal’s high voltage grid, the project will make
electricity delivery more reliable for households and businesses, reduce power
losses, and enable Nepal to sell power to other countries. These improvements
will help lower the cost of doing business, attract new private investment, and
generate revenues that can be reinvested in Nepal’s development priorities, according to MCA-Nepal.
MCA-Nepal is the government entity established to implement the
MCC Nepal Compact. The MCC Nepal Compact represents a total $747 million
investment - $550 million in US grant funding and $197 million from the
government to expand Nepal’s electricity transmission network, reduce
transport costs, and create new opportunities for private sector growth.
MCA-Nepal works in close partnership with MCC, the government and
Nepali communities to ensure the compact delivers lasting benefits to the
people of Nepal.
Business and Economy
towards the prosperous Nepal
Wednesday, November 26, 2025
MCA-Nepal starts construction of New Butwal Substation and 18-km Transmission Line
एमसिए–नेपालद्वारा न्यू बुटवल सबस्टेशन र १८ किमि प्रसारण लाइन निर्माण सुरु
एमसिए–नेपालले बुधबार (आज) नवलपरासी (बर्दघाट सुस्ता पश्चिम)को सुनवलमा आयोजित एक समारोहबीच न्यू बुटवल सबस्टेशन र १८ किमि प्रसारण लाइन निर्माण कार्यको शुभारम्भ गरेको छ । एमसीसी नेपाल कम्प्याक्ट कार्यक्रम अन्तर्गत निर्माण गर्न लागिएका यी नयाँ पूर्वाधारले नेपालको विद्युतीय सञ्जाललाई सशक्तीकरण गर्नुका साथै नेपाल र भारतबीच महत्वपूर्ण ऊर्जा व्यापार अन्तरसम्बन्ध स्थापना गर्ने मिलेनियम च्यालेञ्ज एकाउण्ट नेपाल विकास समिति (एमसिए–नेपाल) जनाएको छ ।
अर्थमन्त्री रामेश्वरप्रसाद खनाल, नेपालका लागि संयुक्त राज्य अमेरिकाका राजदूत डिन आर थम्प्सन, एमसीसीका आवासीय राष्ट्र निर्देशक डायन फ्रान्सिस्को, एमसिए–नेपालका कार्यकारी निर्देशक खड्ग बहादुर विष्ट तथा स्थानीय जनप्रतिनिधिको समुपस्थितिमा उक्त निर्माण शुभारम्भ कार्यक्रम आयोजना भएको थियो ।
“स्वच्छ ऊर्जामा पहुँचको विस्तार, क्षेत्रीय ऊर्जा व्यापारमा अभिवृद्धि तथा दीर्घकालीन आर्थिक वृद्धि हासिल गर्ने राष्ट्रिय लक्ष्यमा सहयोग पु¥याउने नेपाल सरकारको सशक्त प्रतिबद्धता यस आयोजनामा प्रतिविम्बित भएको छ । एमसीसी र एमसिए–नेपालको सहयोगबाट हामी राष्ट्रको हितका लागि सम्झौतालाई कार्यरूपमा रूपान्तरण गर्दैछौँ,” कार्यक्रममा अर्थमन्त्री खनालले भने ।
“थप भरपर्दाे ऊर्जा प्रणाली निर्माण गर्ने कार्यमा एक प्रतिबद्ध साझेदारका रूपमा नेपालसँग उभिन पाउँदा संयुक्त राज्य अमेरिकालाई गर्व लागेको छ”, नेपालका लागि संयुक्त राज्य अमेरिकाका राजदूत थम्प्सनले भने, “प्रसारण लाइन तथा सबस्टेशन जस्ता आयोजनाहरूले घरपरिवार तथा व्यवसायहरूका बत्ती बाल्नमा मात्र सघाउने नभई यस क्षेत्रभरि नै व्यापार, वृद्धि तथा प्रगतिका लागि अवसरहरू पनि सिर्जना गर्छ । आजको यो कार्यक्रम हामी सहकार्यबाट के कति हासिल गर्न सक्छौँ भन्ने कुराको प्रमाण हो ।”
“नेपालको ऊर्जा सुरक्षा सशक्त बनाउने सन्दर्भमा आज एउटा नयाँ अध्याय थपिएको छ”, एमसिए–नेपालका कार्यकारी निर्देशक विष्टले कार्यक्रममा भने, “यस प्रसारण लाइन तथा सबस्टेशनले ऊर्जा व्यापार विस्तार गर्न तथा नेपालीका लागि दीर्घकालीन लाभ दिलाउनमा नयाँ अवसरहरू सिर्जना गर्नेछन् । नेपाल सरकार तथा अमेरिकी सरकारको एमसीसीसँगको निकटतम साझेदारीमा यस आयोजनाको कार्यान्वयन गर्न पाएकोमा एमसिए–नेपाल गौरवान्वित छ र यसलाई सफल बनाउनमा प्रतिबद्ध छ ।”
यस १८ किमि प्रसारण लाइनले ४०० केभी न्यू बुटवल सबस्टेशनलाई नेपाल–भारत सीमासँग जोड्नेछ । करिब पाँच करोड अमेरिकी डलरको लगानीमा निर्माण गरिने यी ऊर्जा पूर्वाधारले आगामी दशकभित्रमा १० हजार मेगावाट बिजुली निर्यात गर्ने लक्ष्य लिएको ऐतिहासिक ऊर्जा व्यापार सम्झौता, सन् २०२४ अन्तर्गत स्वच्छ जलविद्युत् भारत निर्यात गर्नमा नेपाललाई सघाउ पु¥याउनेछ ।
यस १८ किमि प्रसारण लाइन र न्यू बुटवल सबस्टेशनले नेपालमा बढ्दो रूपमा उत्पादन हुन थालेको जलविद्युत्लाई क्षेत्रीय बजारसँग जोड्ने हुनाले यिनीहरू नेपालको आर्थिक भविष्यका लागि महत्वपूर्ण छन् । नेपालको उच्च भोल्टेजयुक्त विद्युतीय सञ्जाललाई सशक्त बनाउँदै यस आयोजनाले घरपरिवार एवं व्यवसायहरूका लागि विद्युत् आपूर्ति थप भरपर्दाे बनाउनेछ भने विद्युत् चुहावट घटाउनुका साथै नेपाललाई ऊर्जाको वैदेशिक व्यापार गर्न सक्षम बनाउने जनाइएको छ । यी सुधारबाट व्यवसाय सञ्चालनको खर्च घट्नेछ भने नयाँ निजी लगानी आकर्षित हुने र नेपालका विकास प्राथमिकतामा पुनःलगानी गर्न सकिने थप राजस्व आर्जन गर्न सहयोग पुग्ने पनि एमसिए–नेपालले जनाएको छ ।
Tuesday, November 25, 2025
UN Nepal calls for action as 16-day of activism begins
Digital abuse and digital violence are among the fastest-growing threats to women’s rights worldwide. Studies show that up to half of women globally have faced some form of online harassment or abuse. For adolescent girls, it often begins as early as ages twelve to fourteen, at a time when their social and emotional development is increasingly unfolding online.
Today, the United Nations (UN) in Nepal kicked off the 16-day of 'Activism Against Gender-Based Violence' together with the Minister for Communication and Information Technology Jagdish Kharel, reaffirming Nepal’s commitment to making digital spaces safer for women and girls. This year’s global theme, 'Unite to End Digital Violence against All Women and Girls', underscores the urgency of protecting young people in rapidly expanding digital spaces.
Speaking at the event, the Kharel emphasised the need of having safe, inclusive and empowering digital ecosystem for every Nepali citizen. He noted that, “digital safety is now central to civic participation, access to information and the full exercise of rights in Nepal’s evolving digital landscape.”
The event brought together government representatives, UN agencies, development partners, youth networks, civil society, private sector, and media under one clear message: 'Digital violence is real violence'. Online abuse, sexual extortion, non-consensual sharing of images and the spread of misogynistic content inflict real harm on the lives, dignity and autonomy of women and girls, according to a press note issued by the UN in Nepal.
Speaking on behalf of the UN in Nepal, Resident Coordinator Hanaa Singer-Hamdy underscored that digital violence is not only an attack on the rights, dignity and autonomy of women and girls but a direct threat to their participation in public life.
She warned that online abuse is silencing women journalists, discouraging women leaders, and pushing girls away from digital spaces where their voices are urgently needed. "Protecting women and girls online therefore demands a whole-of-society effort to challenge harmful norms, strengthen accountability, and invest in systems that safeguard digital rights," she said, further highlighting the urgency of digital literacy and online safety education for adolescents - especially boys - to build resilience, transform attitudes, and promote respectful online behaviour.
The event featured a youth-designed mural symbolising collective commitment to reclaiming safe digital spaces, along with a fireside chat with influencers and digital rights experts on the rise of online abuse and the urgent need for stronger protections.
Young participants, on the occasion, shared their experiences of online harassment and the importance of being believed, supported and empowered to live a safe digital life. They asked better support systems for survivors, addressing impact of harmful content and building platforms that are safe for women and girls.
The UNiTE 2025 campaign runs until December 10, under the theme 'UNiTE to End Digital Violence against All Women and Girls' urging everyone to stand together against digital violence and uphold digital rights as fundamental human rights.
The campaign calls on parents, educators, policymakers and technology companies to take shared responsibility for creating online environments where all women and girls can learn, participate and thrive without fear.
Sunday, November 23, 2025
KOICA grants $2.5 million as an interest subsidy for Korea Returnee
Korea International Cooperation Agency (KOICA) and
Agricultural Development Bank Ltd (ADBL), entered into an arrangement to
implement the component 'Increased Access to Financial Support for Korea
Returnee Migrants', which is envisioned by the Memorandum of Understanding
(MoU) signed between the Government of the Republic of Korea and Nepal for the project 'Strengthening Stage-Wise
Support System for the Stable Reintegration of Korea Returnee Migrants in
Nepal.'
The agreement was signed by Country Director of KOICA Mooheon Kong and CEO of the ADBL Govinda Gurung, where joint secretary of FACD, Ministry
of Finance Dhani Ram Sharma and joint secretary of the Ministry of Labour
Employment and Social Security MoLESS Krishna Prasad Sapkota signed the agreement as the witness.
The main objective of this programme is to create a stable environment for entrepreneurship by improving financial
access for Korea returnee migrants in Nepal, according to KOICA press nopte. "For this eligible Korea Returnee
will get subsidised loan from the ADBL. The loan will be subsidized for 5
years."
KOICA will provide $2.5 million (approximately Rs 320,000,000) for the Programme. KOICA’s contribution will be used solely for
interest subsidies. ADBL will contribute approximately Rs 1.2 billion as loan capital for the Programme.
It is estimated that the Programme is expected to
support approximately 200 to 250 Korea Returnees with an average loan size of Rs 5 million, the press note reads, adding that the Programme will run
from 2026 to 2028. "The interest subsidy will be provided for the period of 5
years."
Through this programme Korea Returnees will have full
opportunity to employ their skills and establish successful enterprise that
supports the local economy. In addition to this, local employment will be
created, it adds.
In the
event KOICA Country Director said that it is a shared commitment to empowering Nepali
returnee migrants who have contributed their skills, labour and aspirations
while working in Korea. "As they return home, it is our collective
responsibility to create an enabling environment where they can reintegrate
with dignity, security and opportunities for long-term economic stability," Kong said, on the occasion.
In the
event, joint secretary Sapkota stated that Nepal and the Republic of Korea
share a longstanding relationship grounded in cooperation, mutual respect, and
a shared vision for human-centered development. "Our collaboration in the
employment and migration sector especially through the Employment Permit System
(EPS) has benefitted thousands of Nepali workers," he said, adding, "As these workers return home
with experience, skills, and aspirations for a better future, it becomes
essential that we, as institutions, support their smooth and productive
reintegration."
During the event, joint secretary Sharma said that
KOICA has always been a meaningful partner. "Its cooperation has been meaningful
and very much effective," he added.
ADBL CEO Gurung, on the occasion, said that the programme is new and very much
useful for returnee migrants who wish to start their own venture. He further
stated that the ADBL will execute this programme successfully and look forward
for such innovative programmes in future.
Thursday, September 4, 2025
Government and UN in Nepal review joint progress under UNSDCF to advance LDC graduation and SDGs attainment
The Government and the United Nations Country Team (UNCT) convened the annual meeting of the Joint Steering Committee of the United Nations Sustainable Development Cooperation Framework (UNSDCF) 2023–2027 in Kathmandu today. The meeting was co-chaired by vice chair of the National Planning Commission (NPC) Prof Dr Shiva Raj Adhikari and UN Resident Coordinator for Nepal Hanaa Singer Hamdy.
As Nepal moves closer to its historic graduation from Least Developed Country (LDC) status, the discussions highlighted the role of the UNSDCF in supporting the government’s Smooth Transition Strategy and in accelerating progress toward the Sustainable Development Goals (SDGs).
The meeting reflected on the progress achieved in 2024. These results demonstrate the breadth of joint efforts across health, livelihoods, climate resilience and governance, showing how the Cooperation Framework is delivering concrete benefits for people across Nepal. During this period, a nationwide measles-rubella campaign immunised 6.3 million children, enabling Nepal to eliminate rubella, while expanding access to health care, education, safe water and protection services.
Together, the government and the UN also advanced inclusive growth, created more livelihood opportunities, strengthened social protection, and supported recovery and resilience in communities affected by disasters. Ambitious climate commitments, ecosystem restoration, and expanded civic participation further reinforced Nepal’s path toward irreversible LDC graduation and accelerated SDG progress.
Speaking at the occasion, the UN Resident Coordinator in Nepal Hanaa Singer Hamdy said, “Seventy years of partnership between Nepal and the United Nations this year is a testament to shared values, resilience, and progress. "Today, as Nepal prepares for its historic graduation from LDC status, our Cooperation Framework serves as the roadmap to make that graduation irreversible, resilient, and inclusive," she said, adding, "together with government leadership, development partners, and communities, we are advancing systemic change, creating jobs, strengthening social protection, tackling climate risks, and harnessing digital transformation."
The UN remains a steadfast partner to Nepal in accelerating the SDGs and ensuring a future that is inclusive, sustainable, and prosperous, she added.
The Co-chair of the Joint Steering Committee and vice chair of the NPC Prof Dr Shiva Raj Adhikari, expressed appreciation to the UNCT for their partnership and emphasized the importance of national ownership in advancing global commitment, strengthening data and enhancing institutional capacity through technical assistance. He further highlighted that joint collaboration is required in harnessing synergies and strengthening collaboration for shared goals through holistic and interconnected approach, strong focus on inclusivity, building capacity, commitment to evidence and accountability and strong multi-agency collaboration.
Friday, August 22, 2025
KOICA marks 30 years in Nepal with $29 million grant agreement
The Korea International Cooperation Agency (KOICA) celebrated three decades of development partnership in Nepal with a commemorative event 'Together for 30 Years: A Journey of Trust and Cooperation' today in Kathmandu, with signing three agreements worth $29 million grant.
The most important session of the event was the signing of three major project agreements that mark KOICA’s strategic priorities for the years ahead, according to a press note issued by the KOICA.
The first was the signing of a Memorandum of Understanding (MoU) signed between finance secretary Ghanshyam Upadhyaya and ambassador of the Embassy of the Republic of Korea in Nepal Park Tae-young for the establishment of the Gandaki Institute of Technology, a $9 million project to be implemented from 2025 to 2030.
It was followed by Record of Discussion (RoD) signings for two new projects. The Value Chain Development Project (Phase II) in Lumbini Province, with the budget of $10 million to be initiated from 2025 to 2031 signed between joint secretary of Ministry of Agriculture and Livestock Development Dr Hari Bahadur KC and country director of KOICA Mooheon Kong. Similarly, the establishment of the Sudurpaschim Polytechnic Institute -- with the budget of $10 million was also signed between joint secretary of Ministry of Education, Science and Technology Shiva Kumar Sapkota and country director of KOICA Mooheon Kong -- that is scheduled for implementation between 2025 and 2030.
On the occasion, KOICA Nepal Country Director Mooheon Kong emphasised KOICA’s enduring partnership with Nepal and its unwavering commitment to inclusive and sustainable development. He highlighted the agency’s focus on supporting local capacity building and fostering innovation across key sectors such as education, health, agriculture, and governance.
The joint secretary at the Ministry of Foreign Affairs Bhrigu Dhungana highlighted the long-standing friendship and cooperation between Nepal and the Republic of Korea, emphasising KOICA’s invaluable contributions in areas such as education, health, agriculture, and capacity building. He expressed appreciation for KOICA’s role in strengthening bilateral relations and supporting Nepal’s sustainable development goals. He also conveyed the ministry’s commitment to deepening this partnership in the future, envisioning even greater collaboration in advancing prosperity and resilience in Nepal.
Likewise, ambassador of the Republic of Korea to Nepal Park Tae-young, on the occasion, noted that KOICA’s 30-year journey in Nepal reflects the deep-rooted friendship and mutual trust between the two nations. He emphasised Korea’s continued commitment to supporting Nepal’s socio-economic development and highlighted the new project agreements as a symbol of shared progress and future cooperation.
Mayor of Pokhara Metropolitan City and Chief Guest of the event Dhana Raj Acharya congratulated KOICA on its milestone anniversary and praised its impactful contribution across diverse sectors. He commended KOICA’s strategic alignment with Nepal’s national development goals and reaffirmed the government's readiness to work closely with KOICA to expand the reach and sustainability of future programmes.
As KOICA reflects on its three decades of development engagement in Nepal, it renews its commitment to building a more inclusive, resilient, and prosperous future in close partnership with the government and local communities, according to KOICA.
Since 1991, the Government of the Republic of Korea, through KOICA, has been a key development partner of Nepal, supporting various sectors such as health, education, agriculture, vocational training, rural development, IT, and tourism. KOICA has dispatched 2,921 volunteers to government institutions across the country. Additionally, over 2,230 Nepali officials have participated in KOICA’s fellowship programmes.
KOICA collaborates with businesses, CSOs, universities, and foreign agencies to help Nepal achieve its SDGs. Since Nepal was designated a priority country for KOICA in 2010, support has significantly increased, and by 2025, KOICA’s total assistance surpassed $200 million. This progress has been further strengthened through a framework agreement on development cooperation, reinforcing the strong and growing friendship between the two nations.
Investment Board of Nepal approves investment worth Rs 8.84 billion
Investment Board of Nepal (IBN) has approved an investment of Rs 8.84 billion for the development of the 54 megawatt (MW) Lower Apsuwa Hydropower Project.
A Board meeting held today took the decision to approve the investment, IBN spokesperson Pradhumna Prasad Upadhyay confirmed.
Likewise, the IBN has decided to form a dialogue committee under the leadership of the CEO to table a proposal on project development agreement (PDA), financing modality and other issues regarding the West Seti Hydropower Project.
The meeting chaired by the chairman of the IBN Prime Minister KP Sharma Oli has also entrusted the Board's CEO to submit the feasibility study report of Kathmandu-Hetauda-Birgunj podway project and development and operation of Panchkhal Special Economic Zone (SEZ) as well as provide the survey license for the projects.
The IBN meeting also provided approval to the developer company Karnali Transmission Company for the Environmental Impact Assessment (EIA) and feasibility study of the new route alignment for the development of transmission line for the Upper Karnali Hydropower Project of 900 MW.
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, Physical Infrastructure and Transport Minister Devendra Dahal, National Planning Commission (NPC) vice chairman Prof Dr Shivaraj Adhikari, chief secretary Eaknarayan Aryal, central bank governor Dr Bishwo Nath Paudel and other top ranking officials attended the meeting.