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Pancheshwar Multipurpose Project (PMP)

Pancheshwar Multipurpose Project:

The recent Nepal-India official dialogue did not address progress on the significant Pancheshwar Multipurpose Project (PMP), despite the signing of a long-term power-sharing agreement over a month ago.

  • The project remains stalled due to disagreements over benefit sharing, posing challenges to its initiation.
  • Pancheshwar Multipurpose Project (PMP) is a joint hydropower initiative situated on the Mahakali River, shared by Nepal and India.
  • It is governed by the integrated Mahakali Treaty signed in 1996.
  • The project aims to generate approximately 6,480 MW of energy, with equal division between the two countries, and provide irrigation water for 130,000 hectares of land in Nepal and 240,000 hectares in India