MCC Nepal Project Signs Contracts Worth Over USD 154 Million for Two Transmission Lines

Kathmandu – Under the Millennium Challenge Corporation (MCC) Nepal Compact, contracts worth approximately USD 154.4 million have been signed for the construction of two transmission lines.

At a ceremony held in Kathmandu on Thursday, MCA-Nepal finalized the agreements following a competitive international bidding process. The contract for the construction of the Ratmate–New Damauli transmission line was awarded to the Angelique–Skipper Joint Venture, while the New Damauli–New Butwal transmission line contract went to the WAIBA–SALASAR Joint Venture.

The signing event was attended by officials from the Ministry of Finance, Nepal Electricity Authority, MCC’s Acting Vice President, representatives of the MCC Resident Country Mission, and officials from the U.S. Embassy. MCA-Nepal’s Executive Director, Khadga Bahadur Bista, and representatives from the two contracting companies signed the agreements.

The contracts cover the design, installation, testing, and operation of 180 kilometers of 400 kV transmission lines.

Speaking at the event, MCC Acting Vice President John Wingle said, “We are proud to work with our Nepali counterparts to improve electricity availability and reliability in Nepal, as well as to strengthen regional electricity trade and interconnection.”

With the signing of these agreements, the MCC project in Nepal has been reactivated.