Pancheshwar DPR to be finalized by mid-February

KATHMANDU, Nov 30: Nepal and India have agreed to finalize the detailed project report (DPR) of Pancheshwar Multipurpose Project by February 15, 2017.

The first meeting of a bilateral mechanism, co-chaired by Secretary at the Ministry of Foreign Affairs Shankar Das Bairagi and Indian Ambassador to Nepal Ranjit Rae, has decided that both the sides will forward their comments on the draft DPR and that WAPCOS will finalize the DPR incorporating comments received from both the sides, officials, who attended the meeting, told Republica.

WAPCOS Ltd, India’s state-owned consultant, had prepared the draft of the DPR to build the 5,600-megawatt project some nine months ago. But Nepal and India are yet to give their opinions on the draft.

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