Express News Service
NEW DELHI: A 25-year agreement on power purchase, launching of an inter-country digital payment (like the UPI in India) and trilateral trade between India, Nepal and Bangladesh are some of the possible things that would be announced during the upcoming state visit of Nepal Prime Minister Pushpa Kamal Dahal (Prachanda) to India next week (May 31-June 3).
Prachanda will be accompanied by a large delegation, including officials from ministries of energy, trade and infrastructure. Prachanda is expected to visit Mumbai too, but will arrive in Delhi first. He is expected to meet Prime Minister Narendra Modi, external affairs minister S Jaishankar and National Security Advisor Ajit Doval, among others. He will also be having interactions with the business community, say sources.
A joint communique will be issued during the end of the visit. The draft prepared for the visit by the Nepalese government includes increasing two-way air traffic, inter-country digital payment with India for Nepali companies, a trilateral electricity trade with Bangladesh, power purchase agreement between India and Nepal for 25 years, Lower Arun and Phukot Karnali hydropower development project and Amlekhgunj Lothar and Siliguri-Jhapa petroleum pipeline construction agreement.
“More than half a dozen agreements and memoranda of understanding are likely to be signed and announced. The agreements will likely include subscribing to a digital payment mode that would ease cross-border payments using e-wallet and building of bridges in Chandani-Dodhara and the Jhulaghat areas across the Mahakali River in Kanchanpur and Darchula districts respectively,’’ say sources.
Besides, Nepal is likely to put in a request to extend India-funded petroleum pipeline inside Nepali territory. There could be an agreement on a new petroleum pipeline to be constructed from Siliguri to Jhapa and storage facilities and extension of present Motihari-Amlekhgunj petroleum pipeline to Lothar, Chitwan.
Agreement on 25-year power purchaseThe agreements will likely include subscribing to a digital payment mode that would ease cross-border payments using e-wallet and 25-year agreement on power purchase and building of bridges. Nepal is likely to put in a request to extend India-funded petroleum pipeline inside Nepali territory
NEW DELHI: A 25-year agreement on power purchase, launching of an inter-country digital payment (like the UPI in India) and trilateral trade between India, Nepal and Bangladesh are some of the possible things that would be announced during the upcoming state visit of Nepal Prime Minister Pushpa Kamal Dahal (Prachanda) to India next week (May 31-June 3).
Prachanda will be accompanied by a large delegation, including officials from ministries of energy, trade and infrastructure. Prachanda is expected to visit Mumbai too, but will arrive in Delhi first. He is expected to meet Prime Minister Narendra Modi, external affairs minister S Jaishankar and National Security Advisor Ajit Doval, among others. He will also be having interactions with the business community, say sources.
A joint communique will be issued during the end of the visit. The draft prepared for the visit by the Nepalese government includes increasing two-way air traffic, inter-country digital payment with India for Nepali companies, a trilateral electricity trade with Bangladesh, power purchase agreement between India and Nepal for 25 years, Lower Arun and Phukot Karnali hydropower development project and Amlekhgunj Lothar and Siliguri-Jhapa petroleum pipeline construction agreement.googletag.cmd.push(function() {googletag.display(‘div-gpt-ad-8052921-2’); });
“More than half a dozen agreements and memoranda of understanding are likely to be signed and announced. The agreements will likely include subscribing to a digital payment mode that would ease cross-border payments using e-wallet and building of bridges in Chandani-Dodhara and the Jhulaghat areas across the Mahakali River in Kanchanpur and Darchula districts respectively,’’ say sources.
Besides, Nepal is likely to put in a request to extend India-funded petroleum pipeline inside Nepali territory. There could be an agreement on a new petroleum pipeline to be constructed from Siliguri to Jhapa and storage facilities and extension of present Motihari-Amlekhgunj petroleum pipeline to Lothar, Chitwan.
Agreement on 25-year power purchase
The agreements will likely include subscribing to a digital payment mode that would ease cross-border payments using e-wallet and 25-year agreement on power purchase and building of bridges. Nepal is likely to put in a request to extend India-funded petroleum pipeline inside Nepali territory
