The meeting has decided to recommend the Sankhuwasabha to submit the draft on direct investment of Arun-3 project to the Cabinet.
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The 66th meeting of the Board of Investment has approved the draft of the project permit for the Lower Arun Hydropower Project with a capacity of 669 megawatts and has decided to authorize the Chief Executive Officer of the Board of Investment to issue the permit for the project.
Pradyumna Prasad Upadhyay, the spokesperson of the Investment Board's office, informed that the board meeting held on Friday under the chairmanship of Prime Minister KP Sharma Oli took the decision.
The meeting has approved the draft of direct investment of the under-construction Arun-3 hydropower project in Sankhuwasabha and has decided to recommend that the proposal be submitted to the Cabinet for necessary decisions.
Similarly, the meeting has decided to authorize the Chief Executive Officer of the Investment Board to grant a survey permit in relation to the 'Auto Service Eco-Industrial Park' project received as an unsolicited proposal in the Investment Board's office.
From Friday's meeting, it was decided to submit a proposal to the Council of Ministers for the purpose of approving the temporary posts of various services, groups and categories for the office of the Board of Investment for the current financial year 2082/83.
