Lawmaking in the offing to benefit govt, private sector: Minister Khadka

Kathmandu, April 4: Minister for Energy, Water Resources and Irrigation, Dipak Khakda, has said lawmaking was in the offing to make it favourable for both government and private sectors.    
    
Minister Khadka said it during a singning ceremony held between the government and the China Railway Engineering Company on the technology of tunnel boring machine to be used for a 285-MW hydropower being built in the Tamor River of Taplejung district. He made it clear that the government was for promoting energy development by streamlining private sector.    
    
The Tamor Energy Pvt is constructing the project.    
    
Minister Khadka further said, "Country's progress is possible only after the private entities are taken together in development initiatives. The lawmaking would be favourable both to the government and private sector."    
    
He reminded the govenrment's aim of realizing 28,000 MW electricity by 2035, so the adoption of tunnel boring machine would be helpful in it. Utilization of available resources would also create jobs at local levels, Minister added.    
    
On the occasion, UML Secretary Yogesh Bhattarai said energy sector had witnessed fast development since the political change of 1991 in Nepal. Energy development is one of the significant pillars of Nepal's economic progress, he stressed.    
    
The Tamor Hydroproject will benefit the people not only from Taplejung but to the entire Koshi Province.    
    
Chairperson of Tamor Energy Pvt, Pushpa Jyoti Dhungana, said the project would rid the country of load shedding after completion of the project.    
    
The project is estimated to be built in four years at the cost of Rs 51 billion. (RSS)