Road Transport and Power Sectors Get More Money in New Budget

Friday, September 19, 2008

Originally published in the Kantipur Report

KATHMANDU, Sept 19 - Rs. 13 billion 910 million proposed for the road transport sector, which is an increase of 77.14 per cent in comparison to the revised expenditure of the last fiscal year.

Rs. 12 billion 690 million proposed for the power sector, which is an increase of 113 per cent in comparison to the revised expenditure of the last fiscal year.

A high-level power sector development committee under the chairmanship of the Prime Minister to be established to materialise the objectives of producing and utilizing 10,000 MW hydro powers in the next 10 years.

The construction of Upper Tamakoshi, Upper Trishuli, Rahughat and Naumure, totaling 791 MW, to be started.

Necessary work to start the construction of Upper Trishuli, Tamor-Mewa, Upper Seti, Dudhkoshi, Tamakoshi 2 and 3, and West Seti-totaling 1827 MW from both the government and private sectors.

Middle Marsyangdi Project of 70 MW will be completed this year.

Ongoing projects like Chameliya and Kulekhani Third to be constructed quickly
Emphasis for rural electrification to meet the commitment of distributing electricity in all villages and households in the next 10 years: allocated Rs. 1 billion 520 million for small hydro power projects which is implemented through alternative energy program.

Commitment to take immediate steps for the construction of 500 MW transmission line and substations connecting the national grid, in order to materialise import and export of power with India.