CURRENT AFFAIRS

Detailed explanation-1: -Why in News? Recently, India and Nepal have agreed to take forward the Sapta Kosi high dam project through further studies. Senior officials of the two sides have met and reviewed the bilateral water-sector cooperation, including the implementation of the Mahakali Treaty.

Detailed explanation-2: -Under the Koshi Agreement, signed between the governments of Nepal and India in 1954, the Indian state of Bihar is responsible for preventing floods in the area affected by the Koshi Project, roughly 150 kilometres of embankments built along the river in India and Nepal to prevent floods.

Detailed explanation-3: -About Pancheshwar Dam Pancheshwar Dam is a rock-fill dam which is being constructed on the Sarda River (also known as Mahakali in Nepal), which forms the international boundary between India and Nepal.

Detailed explanation-4: -Pancheshwar Multipurpose Project (PMP) is a bi-national Multi Purpose Project, primarily aimed at energy production and augmenting irrigation in India and Nepal.