New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which company has been approved to develop the

    669-megawatt (MW) Lower Arun Hydropower project in eastern Nepal?
    A Satluj Jal Vidyut Nigam (SJVN) Limited Correct Answer Incorrect Answer
    B Kathmandu Hydroelectric Company Correct Answer Incorrect Answer
    C Nepal Power Development Company Correct Answer Incorrect Answer
    D Arun River Hydroelectric Corporation Correct Answer Incorrect Answer
    E Himalayan Energy Corporation Correct Answer Incorrect Answer

    Solution

    Nepal has decided to allow India's Satluj Jal Vidyut Nigam (SJVN) Limited to develop a second hydropower project in the country. At present SJVN is developing a 900-MW Arun -III hydroelectric project, a run-of-river located on the Arun River in Eastern Nepal, scheduled to be completed in 2024. A meeting of the Investment Board Nepal (IBN) chaired by Prime Minister Pushpa Kamal Dahal Prachanda approved the draft project development agreement (PDA) to be signed with India's state-owned SJVN to develop the 669-megawatt (MW) Lower Arun Hydropower project in eastern Nepal. About Nepal Capital: Kathmandu                   Currency: Nepalese rupee

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