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IREDA to Invest in 900MW Hydroelectric Project in Nepal

By 1 Min Read

The Indian Renewable Energy Development Agency Limited (IREDA) has announced a Rs. 290 crore investment in Nepal's 900 megawatt (MW) Upper Karnali hydroelectric power project. This investment will grant IREDA up to a 10% shareholding in both GMR Upper Karnali Hydro Power Limited and Karnali Transmission Company Pvt. Ltd., both based in Nepal. The investment

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