Maoists against hydropower projects under foreign investment
Nepal's Maoists have voiced their opposition to hydropower projects being developed in the country through foreign investment, including from India.
By PTI |
KATHMANDU: Nepal's Maoists have voiced their opposition to hydropower projects being developed in the country through foreign investment, including from India.
Unified CPN-Maoist's Standing Committee member and Energy Department chief Lila Mani Pokharel said the party would protest against any hydropower project that would be developed through foreign investment.
The Maoists have decided to oppose those projects which they thought would be against national interest, he told reporters here.
In a separate statement, Maoists demanded review of terms and conditions of water resources project that have not gone through parliamentary endorsement as per the interim Constitution.
Contracts and agreements reached with foreign multinationals -- including Indian companies -- should be presented in a transparent manner before Parliament for approval, Pokharel said.
The Maoists have demanded contracts and agreements on the West Seti, Upper Karnali, Aurn III Upper Karnali and Upper Marsyangdi among others should be presented for deliberations in Parliament's committee on Natural Resources.
These projects were being selected and developed through tender process at the initiative of Nepal Electricity Authority.
Meanwhile, the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) and Nepal India Chamber of Commerce and Industry (NICCI) have expressed serious concern over the Maoists' announcement to obstruct the operation of various hydropower projects.
FNCCI chairman Kush Kumar Joshi asked the Maoists to withdraw their decision.
Such things will discourage foreign investment in the hydropower sector at a time when the country is in the dire need of foreign capital and technology to fulfil the domestic resource gap, the NICCI said in a statement.
Unified CPN-Maoist's Standing Committee member and Energy Department chief Lila Mani Pokharel said the party would protest against any hydropower project that would be developed through foreign investment.
The Maoists have decided to oppose those projects which they thought would be against national interest, he told reporters here.
In a separate statement, Maoists demanded review of terms and conditions of water resources project that have not gone through parliamentary endorsement as per the interim Constitution.
Contracts and agreements reached with foreign multinationals -- including Indian companies -- should be presented in a transparent manner before Parliament for approval, Pokharel said.
The Maoists have demanded contracts and agreements on the West Seti, Upper Karnali, Aurn III Upper Karnali and Upper Marsyangdi among others should be presented for deliberations in Parliament's committee on Natural Resources.
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These projects were being selected and developed through tender process at the initiative of Nepal Electricity Authority.
Meanwhile, the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) and Nepal India Chamber of Commerce and Industry (NICCI) have expressed serious concern over the Maoists' announcement to obstruct the operation of various hydropower projects.
FNCCI chairman Kush Kumar Joshi asked the Maoists to withdraw their decision.
Such things will discourage foreign investment in the hydropower sector at a time when the country is in the dire need of foreign capital and technology to fulfil the domestic resource gap, the NICCI said in a statement.
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