Governing body of Pancheshwar Authority to meet this week

Kathmandu February 29- The governing body of Pancheshwar Development Authority (PDA) is holding a meeting in Kathmandu this week to discuss issues related to the implementation of the 5,600-megawatt Pancheshwar Multipurpose Project being built on the Mahakali River in far-western Nepal. The members of the governing body are finally gathering after cancelling the meetings twice this fiscal year.The meeting of the PDA will be held in two phases.

Initially, the joint committee of the PDA will hold its meeting from March 1 to 2. Once the two-day meeting of the joint committee concludes the governing body of the PDA will meet on March 3 and 4. This is the third time the governing body is meeting since September 2014 when charter of PDA was finalised.

The meetings will basically focus on three issues. “First is the organisational structure. Second is budget and programmes for fiscal year 2016. And the third is progress status of WAPCOS Ltd, an Indian state-owned company, which is preparing the detailed project report of the Pancheshwar Multipurpose Project. Although the proposal to jointly develop the Pancheshwar project was floated almost two decades ago, concrete developments had not taken place for long.