Article

The 670MW Dudhkoshi Storage Hydroelectric Project in Nepal marks a historic collaboration among major lenders, including the World Bank, ADB, AIIB, EIB, OFID, and SFD. The total estimated project cost is $2.32 billion, with financial closure aimed for September 2026.

The ADB leads investment efforts, with contributions from multiple lenders. The project will affect 2,405 hectares of land and displace around 3,300 households, including 1,245 Indigenous Peoples households. Environmental and social risks associated with large dam construction have been identified, and mitigation measures are being planned.