Nitish asks Nepal to take cue from Bhutan on energy cooperation
Bihar Chief Minister Nitish Kumar on Saturday asked Nepal to take a cue from Bhutan and harness water resources with India so that the Nepalese economy is strengthened.
By PTI |
PATNA: Bihar Chief Minister Nitish Kumar on Saturday asked Nepal to take a cue from Bhutan and harness water resources with India so that the Nepalese economy is strengthened manifold by sale of surplus hydel power.
"If the water resource of the two countries is properly harnessed, the economy of Nepal will increase manifold as Nepal has the potential to produce about 85,000 mw hydel energy which it could sell to India after meeting its requirements", he said and added Nepal should take lessons from Bhutan.
Inaugurating a two-day seminar on "Emerging Trends in India-Nepal relations" jointly organised by the Ministry of External Affairs and the state government, Kumar said "just as oil-producing countries have become rich by selling their black gold, Nepal too can experience a rise in its GDP and per capita income through sale of surplus
Kumar said co-operation in the field of water resources development would help create irrigation facilties, generate hydro-electricity and provide important navigation facilities to land-locked Nepal which shares a 700km porous border with Bihar.
He reiterated that construction of high-dams in the Himalayan nation would control recurring floods in Bihar caused by rivers emanating from Nepal and would also help Nepal in producing hydel power which could be used for improving agricultural productivity as well as industrial growth.
"India, one of the world's largest and fastest growing economies, is Nepal's largest trade partner, source of foreign investments and toursit arrivals", he pointed out.
"If the water resource of the two countries is properly harnessed, the economy of Nepal will increase manifold as Nepal has the potential to produce about 85,000 mw hydel energy which it could sell to India after meeting its requirements", he said and added Nepal should take lessons from Bhutan.
Inaugurating a two-day seminar on "Emerging Trends in India-Nepal relations" jointly organised by the Ministry of External Affairs and the state government, Kumar said "just as oil-producing countries have become rich by selling their black gold, Nepal too can experience a rise in its GDP and per capita income through sale of surplus
Kumar said co-operation in the field of water resources development would help create irrigation facilties, generate hydro-electricity and provide important navigation facilities to land-locked Nepal which shares a 700km porous border with Bihar.
He reiterated that construction of high-dams in the Himalayan nation would control recurring floods in Bihar caused by rivers emanating from Nepal and would also help Nepal in producing hydel power which could be used for improving agricultural productivity as well as industrial growth.
"India, one of the world's largest and fastest growing economies, is Nepal's largest trade partner, source of foreign investments and toursit arrivals", he pointed out.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
