The government has already spent 46 billion rupees on the project, including compensation distribution.
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The government is going to proceed with the construction of the 1,200-megawatt Budhi Gandaki Hydropower Project under the Empowered Authority Model.
Finance Minister Swarnim Wagle said this during the budget presentation. While presenting the budget for the current fiscal year, the then Finance Minister Bishnu Poudel had said that the 1,200-megawatt Budhi Gandaki Hydropower Project would be constructed under the Public-Private-Partnership (PPP) model. The government has already spent Rs 46 billion on the project's compensation distribution.
The promoter company has already started the pre-construction work after the investment modality of the project was finalized.
