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Tuesday, September 28, 2021
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    Millennium Challenge Corporation

    Nepal and India have signed an agreement to construct a 400 kV power connection.

    An agreement between the Nepal Electricity Authority and the Power Grid Corporation of India has been struck to jointly fund the construction of the 400 kV Butwal-Gorakhpur cross-border transmission line in India. The 135-kilometer-long power line passes across Nepali territory...

    The MCC and Nepal have taken “good steps toward ratification of the treaty.”

    This morning, a delegation from the United States government's Millennium Challenge Corporation (MCC), led by Fatema Z. Sumar, Vice President of Compact Operations, left Nepal after a four-day visit. The delegation was in Nepal to discuss the next steps...

    Nepal and India have signed an agreement for the construction of the Butwal-Gorakhpur Transmission Line.

    Nepal and India have decided to work on the creation of the second transnational transmission line, which will have a capacity to supply around 20,000 megawatts of electricity to both countries. In a signing ceremony held on Wednesday, the Nepal...

    The US Embassy’s position on the MCC Compact is as follows: “We promote fact-based public discussions.”

    The US Embassy in Nepal today stated that the United States encourages fact-based public dialogues on the MCC Compact, which has been the subject of increased conversations, celebrations, and debate in recent days in Nepal. β€œWe are a big advocate...

    Any movable or immovable property acquired as part of the MCC project would remain the property of the Nepalese government.

    The Millennium Challenge Account Nepal (MCA-Nepal) Development Board has stated that all property acquired by it will be retained by the Nepali government, not the Millennium Challenge Corporation (MCC). MCA-Nepal Development Board issued a statement on Sunday clarifying the matter...

    Latest News

    Hartwig Schafer, vice president of the World Bank, has concluded his tour to Nepal.

    Hartwig Schafer, Vice President of the World Bank for South Asia, recently finished a five-day visit to Nepal, during...