Coerced Investment Board publishes PDA of Upper Karnali

Kathmandu March 14- Investment Board, at last, has been compelled to publicize Project Development Agreement (PDA) of Upper Karnali Hydrpower Project. Reluctance of  board to publicize PDA finalize between Investment Board, Indian company GMR and Karnali Transmission company had forced watershed area to filed two complaint against the PDA for its dissolution citing anti-national-interest.

Earlier, Supreme Court had given final verdict against the complaint. Prior to negative decision of Supreme Court, complainers budged towards National Information Commission (NIC) on which NIC gave favorable verdict citing transparency on national interest subject. Thus, after 6 months of final verdict given by NIC, today, Investment Board publishes PDA of Upper Karnali.