Nepal PM - K P Sharma Oli.
Capital - Kathmandu
President - Bidhya Devi Bhandari
Chief Justice - Deepak Raj Joshi
SJVNL MD - N L Sharma
Nepal Government has granted power generation licence to Indian government-owned subsidiary Satluj Jal Vidyut Nigam Ltd (SJVNL) from 900-megawatt(MW) Arun-3 Hydropower Project located in eastern Nepal.
Arun-3 Project is largest capacity project in history of hydroelectricity of Nepal.It is an export-Oriented project and it will sell the electricity to india.Indian government so far has approved investment of Rs 57.24 billion proposed by SJVN in Arun-3.
The Company has paid the board Nepali Rupees 5 million as licence fee.
Modi and Oli are expected to jointly lay the foundation stone for the hydropower plant.
SJVNL's maiden 1500 MW Nathpa Jhakri hydropower project,located in Himachal's kinnaur district, had started operating in 2004-05.
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