Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, February 3, 2012

Nepal and Bangladesh to Establish Joint Venture 3,000 Megawatt Power Plant

Nepal and Bangladesh to Establish Joint Venture 3,000 Megawatt Power Plant

There is a tendency when considering massive power projects in the Third World to view them as ventures in which the host countries lack expertise, capital, or both, necessitating outside investment and know-how.

Such is not always the case, however.

Dhaka’s The Daily Star newspaper is reporting that on 30 January Nepalese Finance Minister Barsha Man Pun proposed establishing a 3,000-megawatt power plant in its territory in a joint venture with Bangladesh, making the pitch at a meeting with Bangladeshi…
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