Nepal, India to finalise detailed project report of Pancheshwar Multipurpose power plant

Pancheshwar Multipurpose Project is a bi-national hydropower project to be developed on the Mahakali River bordering Nepal and India

KATHMANDU: Nepal and India have agreed to hold a meeting of experts to "iron out the differences" and finalise the detailed project report of the much-awaited 6,480 megawatt Pancheshwar Multipurpose bi-national power plant to be developed on the bordering Mahakali river, according to a media report on Saturday.

The understanding was reached during a meeting of the governing council of the Pancheshwar Development Authority held in Pokhara in Nepal on Thursday and Friday, The Kathmandu Post newspaper reported.

"The meeting decided to extend the term of the team of experts which expired in March," the report quoted Energy, Water Resources and Irrigation ministry spokesperson Madhu Bhetuwal as saying.