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NIFRA starts its investment

Nepal Infrastructure Bank (NIFRA) has started it’s investment from a hidropower project. It has signed an agreement with Karuwa Seti Hidropower project of 32 megawatt.

The project, costs 5 arba 80 crore, will get 4 arba 6 crore collectively from  NIFRA, Himalayan bank and Sanima bank. NIFRA is leading the investment.

The Hidropower is located in Machhapuchchhre and Sardikhola gaunpalika of Kaski district.

 

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