Dutch development bank FMO may invest $35m in Nepal’s hydel project

Dutch development bank FMO may invest $35m in Nepal’s hydel project

Photo by Aaron Benson on Unsplash

Dutch development bank FMO has proposed to offer a $35-million debt facility for the development of Upper Trishuli 1, a 216 MW greenfield hydropower project in Nepal, developed by IFC-backed Nepal Water and Energy Development Company (NWEDC), according to an FMO disclosure.

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