Stowvat Investments Limited: Nepal restores $2.5 billion hydropower plant contract to Chinese firm

Stowvat Investments Limited

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Sunday, 23 September 2018

Nepal restores $2.5 billion hydropower plant contract to Chinese firm

23 September 2018, Kathmandu — Nepal’s new government has reversed its predecessor’s decision and has asked China Gezhouba Group Corporation to build the nation’s biggest hydropower plant, an official said on Sunday, as it seeks to woo Chinese investment in its ailing infrastructure. More »