Nepal will build a 750 MW hydroelectric power plant without China’s state-owned Three Gorges International, according to the country's finance minister. “We will mobilise Nepal’s internal resources and build the West Seti hydroelectric project”, Finance Minister Yubaraj Khatiwada said in his annual budget statement on 29 May. The surprise announcement effectively ends Three Gorges' planned $$1.04 billion hydro project on the West Seti river in western Nepal.
Nepal will build a 750 MW hydroelectric power plant without China’s state-owned Three Gorges International, according to the country's finance minister. “We will mobilise Nepal’s internal resources and build the West Seti hydroelectric project”, Finance Minister Yubaraj Khatiwada said in his annual budget statement on 29 May. The surprise announcement effectively ends Three Gorges' planned $1.6bn hydro project on the West Seti river in western Nepal.