CURRENT AFFAIRS

Detailed explanation-1: -The Cabinet Committee on Economic Affairs (CCEA) has approved investment for the generation component of 900-MW Arun 3 hydropower project for an estimated Rs. 5723.72 crore ($854.4 million). The project is located on Arun River in Sankhuwasabha district of eastern Nepal.

Detailed explanation-2: -Arun III is a run-of-the river-type hydro-electric project under construction on the Arun River in Sankhuwasabha District of Province 1, Nepal. The project is of 900 megawatts capacity and will be the largest hydropower plant in South Asia.

Detailed explanation-3: -Upper Arun Hydroelectric Project (UAHP). hydroelectric facility to be located on the Arun River in Sankhuwasabha District of eastern Nepal; about 15km south of the international border with Tibet and 220 km east of Kathmandu (see Annex 2).

Detailed explanation-4: -The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal.

Detailed explanation-5: -The Arun-III hydropower plant is being developed on the Arun River in Sankhuwasabha District of Province 1, East Nepal. It is an export-oriented project with a power generation capacity of 900MW. Estimated to cost more than $1.6bn, the hydropower plant will produce 4, 018.87 million units of electricity a year.