India funds Nepal’s Pancheshwar project to counter Kheri floods
India will provide fund of Rs 1500 crore to Nepal’s Pancheshwar multi-purpose project on Mahakali river for countering the Kheri floods in Uttar Pradesh.
This move of Union government comes after a delegation of MPs visited Nepal and had submitted their report to government.
Pancheshwar multi-purpose project
- It is located at Narayan Ghat of Dharchula on Mahakali River( also known as Kali Ganga in Uttarakhand ) in Nepal. The height of dam is the 315 meters.
- After completion dam will be the second largest dam in the world with a capacity of 6720 Mega Watt (MW) power production.
- In case of power sharing, India has reached into an agreement with Nepal to procure additional electricity produced by project.
- This project will regulate and control the free flow of Karnali and Mohana rivers which cause floods in Kheri, Pilibhit of Uttar Pradesh and other Terai districts of northern India.
Month: Current Affairs - January, 2015