BahasPTA with India likely during Modi visit: FM
KATHMANDU, Aug 1:Minister for Foreign Affairs Mahendra Bahadur Pandey said Nepal and India are likely to ink Power Trade Agreement (PTA) during Indian Prime Minister Narendra Modi´s visit.
Speaking at a press conference organized at the Ministry of Foreign Affairs (MoFA) on Friday to formally announce the two-day official visit of Modi to Nepal starting Sunday, Minister Pandey said fresh negotiations are under way between the two sides after the initial draft proposed by India courted controversy in Nepal. “The draft of Power Trade Agreement proposed by Nepal will be endorsed by a cabinet meeting tomorrow [Saturday] and will be formally presented to India. The PTA is likely to be signed during the Indian prime minister´s visit,” he said.
A cross-party taskforce comprising Nepali Congress (NC) leader Ram Sharan Mahat, CPN-UML leader Bhim Rawal and UCPN (Maoist) leader Narayankaji Shrestha on Thursday finalized the draft PTA. The draft PTA was forwarded to the Indian side for informal negotiations on Friday itself.
Revising some of the controversial provisions of the PTA proposed earlier by the Indian side, the Task Force has included a provision to revise prices of electricity as per the existing market price on a regular basis, and removed the provision that seeks Indian monopoly over Nepal´s hydro power development.
The Task Force members have also proposed not to link power generation issue with the PTA in line with the understanding reached among the three big parties during a meeting called by the prime minister Tuesday.
Minister Pandey said the agreements reached during the Joint Commission (JC) held on July 26 will be endorsed at prime ministerial level. The JC meeting had ended with a 26-pt Joint Statement following discussion on over 50 agenda items.
Sources said preparations are under way to ink Project Development Agreement (PDA) for Upper Karnali with Indian firm GMR, which earlier won the 900 MW project through competitive bidding. Investment Board Nepal (IBN) and GMR officials have been negotiating to finalize the PDA since last one year.
A board meeting of the IBN scheduled for Saturday morning is likely to endorse the PDA reached between the IBN and GMR. The cabinet meeting will then endorse the PDA for Upper Karnali, coinciding with the visit of Indian Prime Minister Modi.
The Upper Karnali Hydropower Project is expected to cost Rs 140 billion to complete. While Nepal will get 12 percent of the electricity generated by the project for free, GMR has also agreed to provide 27 percent free equity to Nepal till the project is handed over to Nepal after 25 years.
No Indian ministers to accompany Modi
None of the Indian cabinet ministers will accompany Prime Minister Narendra Modi during his two-day official visit to Nepal.
According to Minister Pandey, Modi will be accompanied by Indian National Security Advisor Ajit Doval, secretaries from various concerned ministries and joint secretary (North) at the Ministry of External Affairs, Abhay Thakur. “Though the Indian delegation will have about 75 members, there will be only about 27 members in the official delegation,” said Minister Pandey.
During her visit to Nepal earlier this week, Indian External Affairs Minister Sushma Swaraj had informed Nepal that no ministers will be accompanying Modi in his visit to Kathmandu.
Minister Pandey said Indian side has proposed a nine-member team in the delegation-level talks. “We have also proposed to keep the number of those taking part in the delegation level talks at the same number.” Any agreements reached during the meetings will be signed by secretaries of the respective countries. Breaking the existing protocol, Prime Minister Sushil Koirala will receive Modi upon his arrival at the VVIP Lounge at the Tribhuvan International Airport.
KOSH RAJ KOIRALA
Source: Republicacomments powered by Disqus
Interview+ View All
आगामी पाँच वर्ष ऊर्जाका लागि स्वर्णिम युग हुन्छ
गत भदौ २९ मा सरकारले कुलमान घिसिङलाई नेपाल विद्युत् प्राधिकरणको कार्यकारी निर्देशकमा नियुक्त ग-यो । २०२७ मंसिर १० मा रामेछापको बेथानमा जन्मिएका घिसिङ विगत २० वर्षदेखि विद्युत् प्राधिकरणमा कार्यरत छन् । कार्यकारी निर्देशकमा घिसिङ नियुक्त भएपछि गत तिहारको ....
We should aim to consume power domestically rather than export it
Energy Minister Janardan Sharma has been the talk of town lately because of his initiation to reform the Nepal Electricity Authority (NEA) and free the Capital from load shedding, while minimising power outages throughout the country.
Article+ View All
बूढीगण्डकी : स्वाभिमानमा कुठाराघात
यातायात, सञ्चार, कलकारखाना जस्ता भौतिक पूर्वाधार, शिक्षा, स्वास्थ्य, रोजगारी जस्ता सामाजिक पूर्वाधार एवं ज्ञान, विज्ञान तथा प्रविधि जस्ता बौद्धिक पूर्वाधार विकासको गति तथा दिशालाई मुलुकमा हुने ऊर्जा उपलब्धताले निर्धारण गर्छ।
नवीकरणीय ऊर्जा : भ्रम, वास्तविकता र अबको बाटो
मुलुकमा लोडसेडिङ्गको समस्याबाट केही राहत मिल्ने बित्तिकै नवीकरणीय ऊर्जामाथिको बहस केही मोडिएको छ । लोडसेडिङ्गकोसमस्या हटेपछि नवीकरणीय ऊर्जाको उपयोगिता कम हुने र ठूला आयोजनाबाट उत्पादित बिद्युत नै ऊर्जाको ....
Renewable Energy in the Budget for the FY 2074/75
Renewable Energy Coordination Committee (RECC) is a common forum of private sector associations of alternative energy service, supply and delivery and NGOs involved in promotion of alternative energy in Nepal. Seven such institutions are associated to RECC.
वातावरणीय सेवाको भुक्तानी कार्यान्वयनका लागि सम्झौता
जलविद्युत् आयोजनामा थेग्रिने समस्यालाई न्यून गर्न वातावरणीय सेवाको भुक्तानी कार्यक्रमको प्रभावकारी कार्यन्वयन गर्न एक सम्झौतापत्रमा आज हस्ताक्षर भएको छ । मस्र्याङ्दी जलाधार क्षेत्रका जलविद्युत् प्रर्वद्धकहरुको सञ्जाल र मस्र्याङ्दी वातावरणीय सेवा व्यवस्थापन सञ्जालले कार्यक्रम कार्यान्वयनका लागि उक्त सम्झौता...
प्रधानमन्त्रीले जेठ १४ गते काठमाडौं-निजगढ फास्ट ट्रयाक शिलान्यास गर्ने
प्रधानमन्त्री पुष्पकमल दाहाल प्रचण्डले बहुचर्चित काठमाडौँ-निजगढ फास्ट ट्रयाकको शिलान्यास गर्ने भएका छन् । सरकारले यसअघि नै फास्ट ट्रयाक निर्माणको जिम्मा नेपाली सेनालाई दिइसकेको छ । राजधानी काठमाडौँ र तराई-मधेसलाई जोड्ने बहुचर्चित फास्ट ट्रयाकको उद्घाटन...